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Gold Spot / U.S. Dollar
Long

XAUUSD long 0.5% RISK ENTRY

179

snapshot Montly: Making a nice Inv. H&S. (Bullish)
snapshot Weekly: On the Weekly we received a Inv. H&S with a nice IC candle holding the price up, We have a clear support zone where a lot of bulls are coming in. We hav a smaller Inv. H&S with a smaller Bullish M. We also have a nice ascending trend line holding the price up. (Bullish)
snapshot Daily: On the Daily we made still LL's and LH's but i saw a nice W pattern for more upside momentum with a smaller Inv. H&S to complete the bigger H&S. (Bearish)
snapshot 4H: We received an Inv. H&S with a nice ascending trend line holding our price up with a 1H -24 Fib-Complition so this trade will be a 0.5% RISK TRADE because the daily is bearish and the DXY can go up so that's not good for gold. (Bullish)
jones_vd
Trend Analysis

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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.
Trend Analysis
jones_vd

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.