Analysis:
Gold is currently in a bullish trend. If the price breaks above 1825 which is previous higher high level, it will be a sign of bull trend continuation. In this case we can enter in a long trade. As the trend is just starting, the stop loss will be at 1809 which is the previous low level.
------ Trade ------
Chart: XAUUSD
Type: Long
Entry: 1825
Stop Loss: 1809
TP1: 1841
TP2: 1857
Gold is currently in a bullish trend. If the price breaks above 1825 which is previous higher high level, it will be a sign of bull trend continuation. In this case we can enter in a long trade. As the trend is just starting, the stop loss will be at 1809 which is the previous low level.
------ Trade ------
Chart: XAUUSD
Type: Long
Entry: 1825
Stop Loss: 1809
TP1: 1841
TP2: 1857
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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.