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GOLD / XAUUSD long idea
Gold (XAUUSD)
Long
GOLD / XAUUSD long idea
By marcomihaicondrache
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Updated
Dec 22, 2020
2
Dec 22, 2020
Price is just consolidating above 1875 support after yesterday liquidation.
Consolidation above support or below resistance always (90%) means rejection, so i expect a new high to be made near 1925.
Price also started making higher lows (HL) meaning that the next direction could be up.
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Dec 22, 2020
Note
Moved stop loss at 1870
Dec 22, 2020
Note
Price just reject 1875 another time, up rally confirmed
Dec 22, 2020
Trade closed: stop reached
Gold
Technical Indicators
Technical Analysis
Trend Analysis
XAUUSD
xauusdbuy
xauusdlong
marcomihaicondrache
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