XAUUSD Long / Buying the short-term dip Long

OANDA:XAUUSD60

GoldOANDA

Description

⋅ Nov 16, 2020 1:31 PM

The video explains well why I am long on XAUUSD.

Comment

⋅ Nov 17, 2020 7:32 AM

Comment

⋅ Nov 17, 2020 7:34 AM

Im expecting that this bullish flag pattern will work out.

Firstly, price has tapped the 61.8% of the recent high to the recent low, and in my book (system) that is a strong potential of bulls.

I've actually taken some fresh trades based of the 2m chart recently, as I think we could continue out of the blue level soon!

Comment

⋅ Nov 17, 2020 7:38 AM

Forgot to add this support, whcih lines up perfectly with 61.8%.

Comment

⋅ Nov 17, 2020 7:38 AM

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⋅ Nov 17, 2020 12:52 PM

OK, here we go!

10m chart, trendline + RSI and 30%!

Comments

PrimedGroup

⋅ Nov 18, 2020 9:08 AM

We bought some more, day trading, like yesterday... holding the swing trade still.

PrimedGroup

⋅ Nov 17, 2020 1:58 PM

The 10min breakout was lovely, just lovely.

There is a mini resistance at the level we are on now, but that can easily break.

PS: Remember, all we do at PrimedTraders is focus on making money and not drawing pretty (dirty) charts.