Gold (XAUUSD)Long
Gold 16/9/2024
Current Trend: Gold is in a strong uptrend across multiple timeframes, confirmed by breakouts and higher highs and lows.
Buy Strategy: Look for buying opportunities as long as the 30-minute chart maintains its bullish structure:
Wait for Bullish BOS: Look for a bullish Break of Structure (BOS) on the 30-minute chart to confirm continuation.
Stay Above 20 MA: Ensure the price remains above the 20-period Moving Average (MA) on the 30-minute chart.
Signal for Deeper Correction:
Breakdown Below 20 MA or BOS 30 min down: If the 30-minute price closes below the 20-period MA, it may signal a deeper correction. Watch for further lower highs (LH) and lower lows (LL) for confirmation of a trend reversal.
Buy Strategy: Look for buying opportunities as long as the 30-minute chart maintains its bullish structure:
Wait for Bullish BOS: Look for a bullish Break of Structure (BOS) on the 30-minute chart to confirm continuation.
Stay Above 20 MA: Ensure the price remains above the 20-period Moving Average (MA) on the 30-minute chart.
Signal for Deeper Correction:
Breakdown Below 20 MA or BOS 30 min down: If the 30-minute price closes below the 20-period MA, it may signal a deeper correction. Watch for further lower highs (LH) and lower lows (LL) for confirmation of a trend reversal.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.