FullTimeTrader
Long

XAUUSD-nice area for a correction

FX:XAUUSD   Gold / U.S. Dollar
1444 0 26
Same with EUR pairs i think price is extremely oversold and needs some correction.
We can see it clearly on W1 chart:

- bullish crab already triggered
- AB=CD pattern
- Trendline support
- horizontal support
- Stoch extremely oversold

snapshot

Here on D1 chart we could consider an entry at current levels. We should be careful because tomorrow we have NFP news.

- MACD overextended and crossing
- bullish divergence on stochs

Best regards.

*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).



United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out