Technician
Long

Gold: Bullish Rebound!

FX:XAUUSD   Gold / U.S. Dollar
1539 21 21
Update: Price retraced again to test 1280.00 level, had a new opportunity to long

1)Multiple crossover above and below the moving averages indicates a bias-less market, sideways bias is favored for me,
2)Testing a major horizontal support area ,
3)being rejected strongly
4)potential bullish divergence on Momentum

I will long anywhere near 1280 targeting 1300 and 1330, with a stop just below today's intraday low

Good Luck, join me at :
https://twitter.com/thefxchannel
thefxchannel.com
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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game ;)
My trading ideas channel https://telegram.me/technician_forex_trades

Get your gift : https://thefxchannel.com

Skype: Technician - The forex channel
patience brother!!
+1 Reply
Technician TOP vlad.adrian
:)
Reply
Thank for the Great Information. I'm new to TradeView. Looking forward to learning..
+1 Reply
Technician TOP JacksenKurian
ur welcome
Reply
I completely agree and I was looking to make the same chart. Excellent!
+1 Reply
thx
Reply
Update: Unfortunately, I missed entry.
Reply
Hello Technician, i'm new here. looking forward to learn from the expert.
Cheers... :)
+1 Reply
Welcome justimun, i believe you will find plenty of useful content at tradingview. Do not hesitate to ask if you have any concern.
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Possible this pending buy limit?
Reply
thank you for the best analysis .my technical knowledge is a little please help me the helpful informations.
Reply
thank you and ur welcome.
Reply
Jamil Ahmed Jamil Ahmed
possible?
Reply
Technician TOP Jamil Ahmed
well, everything is possible, but no way can know!
Reply
Jamil Ahmed Technician
see this
snapshot
+1 Reply
Technician TOP Jamil Ahmed
It could happen, but happening in the past doesn't mean it will happen again! I suggest keeping your eye on confirmation signals such as candlestick patterns
Reply
Jamil Ahmed Technician
my pattren complete :)
Gold
+2 Reply
Technician TOP Jamil Ahmed
Great Call, good luck
Reply
Update: Price retraced again to test 1280.00 level, had a new opportunity to long
Reply
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