UnknownUnicorn705200

Weekly view long gold

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
1764 touchdown was textbook bounce level - check previous charts for zoomed out level analysis. Looking for an even and steady climb from there, reload at 1773 if it retraces, white line indicated supports

pink line is bull support/resistence trend, above that another signal to continue the rocket. pink-blue dotted line is mini take profit, target 1807

1764, 1773, 1780 - 1807, simple trade, adjust accordingly and play safe!

swim upstream

Comment:

target one hit. now looking for phase 2 of bull leg at 1836.

SL moved up well into profit. Good trade
Comment:

looking for launchpad next entry for bull.

eyes on the intersections.
Comment:
perfectly executed at the intersection. 1807 minor support + bottom of red bull range. 1807-1830 great extension trade.

now looking at 1818 zone to see if it reacts at the intersection between channels!
Comment:

another perfect bounce just as expecting. cannot get enough of the channel intersections - as seen on chart red arrow show another greant final entry point for extended bull target 1851 - just dipped under blue support line then bounced off the 0.236 fib from top - excellent entry. now to see what monday brings!!! good trading week all
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