XAUUSD BUY SETUP
Scenario 1:
Buy gold when it breaks its resistance zone and next candle break the high of a breakout candle your Sl will be the low of breakout candle, we have a clean range to 2942 and according to fundamentals gold is gonna buy too.
Scenario 2:
If it breaks the resistance zone first wait for candle closing if its fake breakout don't buy it and wait for closing when candle is close upward 2928-2930 and resistance act as support buy gold
Buy gold when it breaks its resistance zone and next candle break the high of a breakout candle your Sl will be the low of breakout candle, we have a clean range to 2942 and according to fundamentals gold is gonna buy too.
Scenario 2:
If it breaks the resistance zone first wait for candle closing if its fake breakout don't buy it and wait for closing when candle is close upward 2928-2930 and resistance act as support buy gold
Trade active
trade is active now hold your position it will be go high Trade closed: stop reached
who is open trade unfortunately hit the SL But its a part of trading journey mistake is that we can open trade harry we had to wait the next candle of a breakout candle breaks the high of a breakout candle but we enter in hurry
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.