XAUUSD a bullish movement is highly possible
Based on the chart, price reached a major resistance area and then is strong rejection is about to happening. This rejection can be a good confirm of strength in buyers at this area and on the other side we can see the weakness on sellers.
So Based on this scenario I opened a buy position with a good risk reward ratio which is about 1:4.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
So Based on this scenario I opened a buy position with a good risk reward ratio which is about 1:4.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
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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.