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xauusd ---> possible moves
Gold Spot / U.S. Dollar
xauusd ---> possible moves
By melikatrader94
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Updated
Jun 1, 2023
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May 22, 2023
hello guys...
let's see what happen to gold before:
Start a sharp move
Formed a three-drive pattern
Hunt last level of three drive
Formed a QML
NOW, what is more probable, and what should you do?!
1- if the price reaches the pink area get a short position with a logical target
2- if the price breaks the gray area gets a long position and the target is the pink area
what is less probable but not out of mind?
1- gold wanna touch the green area and after that start a downward movement
---------------------------------
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
May 22, 2023
Note
buy/long
if the price breaks up the gray area you can get a long positon or add to your position
entry: market(a bit risky)-1951
Target 1: 1999.5
Target 2: 2025
sell/short
entry: 2025
Target 1: 1995
Target 2: 1968
May 26, 2023
Trade active
the long position became active
May 30, 2023
Trade active
two scenarios for getting long positions:
Jun 1, 2023
Trade closed: target reached
the target in the short-term perfectly touched!
Gold
hunt
qml
Supply and Demand
Three Drives
XAUUSD
melikatrader94
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Also on:
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