XAUUSD
Updated
As gold failed to retrace back towards 1880, it continues to rally weekly for the past 5 weeks forming a seamless uptrend. The rally could be caused by a few factors besides the dollar being weak. It may continue to go but we might need a little 400-pip break for it to keep going. RSI is in the overbought zone. Fib just went outside the range zone so I will be looking to make changes.
The last gold trade closed off before we could make a good profit so this one is just an idea and overview of the market movement
However, I took a scalp Sell @1945 with Open Tp and no SL
Ps i will be checking on regular intervals til i get a confirmation
The last gold trade closed off before we could make a good profit so this one is just an idea and overview of the market movement
However, I took a scalp Sell @1945 with Open Tp and no SL
Ps i will be checking on regular intervals til i get a confirmation
Trade active
Just placedSL on Entry it has moved 100 pipsNote
Moving Sl to 1940Note
200 pips + Close if you want or move Sl
Trade closed: target reached
3 DAYS ...
LETS SEE WHATS NEXT
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