Or / Dollar Américain
Long
Mis à jour

XAUUSD LONG THE 0.618 AND STRCTURE

118
GOLD stop near the re0.618,
stop creating a new low point,
The price action tell us that the short power is weaker and weaker,
Now what we should do is don't try to any short action but fine a chance to long it,

1H chart show me 1170 level is a good position to long XAUUSD.
We set SL at below 1156,target at 1225 level.
Note
snapshot

1H chart give us a good chance to long.
Note
The structure is work,if you are the short-term trader,please set your target at 1177-1179 first.
Note
1H chart structure is broke,two point:

1,close your long trade if you are the short-term trader,and find another chance to long again;

2,If you are the long-term trader,please hold your long trade,and set SL below 1157.
Note
snapshot

A good chance to long GOLD again.
Note
snapshot

Break or not?
long or short?
Note
snapshot

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.