Analysis:
XAUAUD-1H is currently in a bullish trend. As price made bullish Hammer candle recently , it is a sign of bull trend continuation. In this case we can enter in a long trade. For this trade the stop loss will be at 2715 which is the previous higher low level.
------ Trade ------
Chart: XAUAUD-1H
Type: Long
Entry: 2728
Stop Loss: 2715
TP1: 2741
TP2: 2754
XAUAUD-1H is currently in a bullish trend. As price made bullish Hammer candle recently , it is a sign of bull trend continuation. In this case we can enter in a long trade. For this trade the stop loss will be at 2715 which is the previous higher low level.
------ Trade ------
Chart: XAUAUD-1H
Type: Long
Entry: 2728
Stop Loss: 2715
TP1: 2741
TP2: 2754
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.