Hameedfx

XAUUSD (Gold) Bullish Scenario

Long
Hameedfx Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
We got 2 consecutive wins from Gold buying. Now again it is preparing itself for another bullish move. For this Bullish Move we need to consider the following points.

  • We will think for buying if the price Touch the trendline.
  • We will think for buying if the price forms a candlstick pattern on H4 chart nearby the daily Level at 1427.

If the price forms a pattern nearby the daily Level / Trendline, it will be a sign of another up move which may cross previous week High at 1452.70

Stay tuned for Signal while the post will be updated.
Comment:
Trade confirmation is preparing... We will Closely watch Gold.
Comment:
Signal
Buy Stop @1430
SL 1420
TP 1450

My each risk is 2% of my account.
My lot size for this trade 0.03
Risking pips 100
Rewarding Pips 200
patience is necessary.
Order cancelled:
Order Didn't triggered. I cancelled it as it is no more valid. We will see for another bullish opportunity in Gold.

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