I will Long XAUUSD after a successful retest around 1848.00. Risk-Return Ratio is 1:11. Gold is Risky therefore a Strict Stop Loss is intact.
Note: Do your own research before taking the trade.
Buy/Long: 1847.20 - 1850.00
Stop Loss: 1843.30
Targets: 1877.40 and 1899.85
Indicators used: Moving Average and RSI
Analysis is based on Market Structure, International News, Supply/Demand zone, Moving averages and Relative Strength Index
Note: Do your own research before taking the trade.
Buy/Long: 1847.20 - 1850.00
Stop Loss: 1843.30
Targets: 1877.40 and 1899.85
Indicators used: Moving Average and RSI
Analysis is based on Market Structure, International News, Supply/Demand zone, Moving averages and Relative Strength Index
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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.