Prepare to Buy XAUUSD (gold) in ours support zone.
Updated
Support zone
A. 1840-1846
B. 1829 Gold drop from H&S pattern it can drop 1829-1845 zone
C. 1816
If Drop below 1800 It will be invalid for Long, I must check the overall pattern again.
Daily Timeframe Gold form i-H&S, Now It drops to test that zone to renounce.
It mean we should manage lot size
to buy a little in 1840-1845 zone first.
and prepare to buy again If drop to 1829
and 1816 It is the last entry.
Target will discuss again.
*** Large area to prepare for entry when Gold drops. It is dangerous so you must control your cash flow.
or waiting and not doing anything.
until price pattern confirm my idea and entry (it is small profit but low risk )
A. 1840-1846
B. 1829 Gold drop from H&S pattern it can drop 1829-1845 zone
C. 1816
If Drop below 1800 It will be invalid for Long, I must check the overall pattern again.
Daily Timeframe Gold form i-H&S, Now It drops to test that zone to renounce.
It mean we should manage lot size
to buy a little in 1840-1845 zone first.
and prepare to buy again If drop to 1829
and 1816 It is the last entry.
Target will discuss again.
*** Large area to prepare for entry when Gold drops. It is dangerous so you must control your cash flow.
or waiting and not doing anything.
until price pattern confirm my idea and entry (it is small profit but low risk )
Trade active
After Exipire of GC, Gold drop sharply to Last zoneI buy more in this zone
but break 1750 zone will cut all loss.
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.