XAUUSD Buy After Retrace
As I mentioned in my previous analysis, price was consolidating and after some rest, it broke up the consolidation zone to the upside.
Currently, we can see a higher high and lower low structure. In daily chart there is also a strong bullish pressure.
At this point, we need to wait for a throwback and some retrace and then enter a long position.
If price came down to retest the yellow broken zone which is between 1682-1691, we can buy XAUUSD with a target at 1731.
Currently, we can see a higher high and lower low structure. In daily chart there is also a strong bullish pressure.
At this point, we need to wait for a throwback and some retrace and then enter a long position.
If price came down to retest the yellow broken zone which is between 1682-1691, we can buy XAUUSD with a target at 1731.
Note
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.