Trade idea for Gold (XAU/USD)
We can see that the price went above the resistance zone and is now retesting the resistance. If the price does not go below the resistance we can consider to go long. We also got to look out for DXY. If that keeps dropping that is a good confirmation for a long setup on Gold.
Let me know in the comments what you think of it and what your idea is for Gold
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If you have any questions, feel free to PM me
Let me know in the comments what you think of it and what your idea is for Gold
If you like the idea, don't forget to give it a like
If you have any questions, feel free to PM me
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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.