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GOLD XAUUSD BUY TRADE IDEA & ANALYSIS - Updated Analysis

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We can see that in the 4H there was an over extended W formation which the market has returned to the neckline where it has bounced right back up again. Once we break the entry and have retested the resistance structure it will reach our target TP.

We are currently in a DD but once it breaks the resistance level we can reenter on the retest before respecting our analysis, though we will still react based on the price action
Not
Currently running 100+ pips from entry. You can now wait for the correction then set to BE. :)
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Currently running at 200+ pips from our entry point.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.