XAUUSD Ready To Rise

We saw a strong uptrend for XAUUSD in the last week.

There was an upside breakout on the resistance level at 1843 and candles closed above it. Now it has turned into a support level and price has pulled back to it and pushed to the upside.

CCI shows a positive divergence: Although price has made a lower low, CCI has made a higher low

IF candle closes above 1852 in the lower timeframes like 15min, we can enter long with targets at 1860 and 1875.

Commentaire:

First TP at 1760 Reached ✅

50% Partial Exit ✅

Shift SL To Entry ✅