XAUUSD Great Uptrend, Lets catch the retracement!
Hi guys, here with another analysis and this time is on Gold. Please do like, comment and follow for more.
On daily, you can see it made a double bottom and break the downtrend structure giving us this nice uptrend. What I am looking at is a retracement and to profit from it.
On H4, you can see it is rejecting this upper trendline nicely and it has to retest that breakout as well, thus entering here and targetting the breakout area.
On daily, you can see it made a double bottom and break the downtrend structure giving us this nice uptrend. What I am looking at is a retracement and to profit from it.
On H4, you can see it is rejecting this upper trendline nicely and it has to retest that breakout as well, thus entering here and targetting the breakout area.
Trade fermée manuellement
Closed at 139 PIPS manually after seeing the huge rejection on H1 at 1957.
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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.