Xauusd is trading in symmetrical triangle with two horizontal levels
( support/resistance) marked with blue.
And hare we have two technical scenarios bullish and bearish ( fundamentals support need for both sides).
So hare we must wait for breakout of symmetrical triangle and test of support/resistance into resistance/support for entry.
And this trade will must give us 400 to 500+ pips ( On either side whichever side the market broke).
Trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
( support/resistance) marked with blue.
And hare we have two technical scenarios bullish and bearish ( fundamentals support need for both sides).
So hare we must wait for breakout of symmetrical triangle and test of support/resistance into resistance/support for entry.
And this trade will must give us 400 to 500+ pips ( On either side whichever side the market broke).
Trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.