Will GOLD start to rise or continues it way going deeper?
After my previous idea show that
XAUUSD
can be go short at 1188.50 and now it had reach all the target and even went deeper to 1085.40 after NFP.
So, the question for now is can i have a long on this trade?Or a short?
The answer is both are valid, but i am more on long because after NFP session it had reach my target to enter a long and my first target would be the complete of my potential gartley at the point of 1197.85.
But this idea will be not valid once it continue going deeper and lower than 1171.00 because this mean that a lower low is forming and this pattern will be not valid.
In order to had a good confirmation about this trade, i would suggest to enter this trade once the flag that you can see at 30min is break, if it break upward then you can have long about this trade, but if it break downward then you can have short about this trade.
Thank you for watching this and please like if you agree about this idea.
Good luck in trading.
XAUUSD
can be go short at 1188.50 and now it had reach all the target and even went deeper to 1085.40 after NFP. So, the question for now is can i have a long on this trade?Or a short?
The answer is both are valid, but i am more on long because after NFP session it had reach my target to enter a long and my first target would be the complete of my potential gartley at the point of 1197.85.
But this idea will be not valid once it continue going deeper and lower than 1171.00 because this mean that a lower low is forming and this pattern will be not valid.
In order to had a good confirmation about this trade, i would suggest to enter this trade once the flag that you can see at 30min is break, if it break upward then you can have long about this trade, but if it break downward then you can have short about this trade.
Thank you for watching this and please like if you agree about this idea.
Good luck in trading.
Trade active
Trade closed: stop reached:
Stop reach... will look for another entry for a long.
