XAUUSD bounced off 1494.40 where it could potentially rise further to 1528.39.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Left : finish ret. and ready to fly
Right : up to 1511-1515 and drop to 1480 ( ret. again )
*** As USDJPY drop pls trade with more careful
I scalp in buy and wait for more confirmation too.
***
Gold price already forming some break lows, it increase confidence to go down until nearest resistance.
Disclaimer: please only trade using risk that you can afford!
Happy Trading!
I will BUY gold if strong candle break and close above the white trendline.
My target is 1515.00.
If candle bounce at the trendline, gold will test previous support at 1496.50. Then I will find short setup at lower timeframe.
Now my bias is upward.
I need to run and check current market sentiment. Looking for any issues that risks the global market to trigger the...
Gold is currently in a price prison
USD news yesterday brought Gold price down
If price reaches the support could bounce for a fib's retrace or if bullish enought for the potential uptrend
buy signal >> BUY
Cheers!
USD long prepare to go short.
Looks like price need to test 1527 for another one time.
I will wait for it. Or if I see weak buyers, I will look for sell position.
Write your comments and subscribe to my channels at Telegram and YouTube named as USOIL WTI
If you want to ask something, write private messages.
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
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