xauusd (gold)---> two long positions
hello guys...
xauusd is in a bullish trend, why?
now, what we should do?!
in my opinion, there are two scenarios,
the first one is to get a long position after the price breaking up the handle
the second one is when the price retraces to the green area and then get a long position, it up to you!
____________________________
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
xauusd is in a bullish trend, why?
- the cup and handle pattern
- there is an ascending channel and breaking up that once
- a hunting level on the opposite side (the green area)
- breaking up the last higher high
now, what we should do?!
in my opinion, there are two scenarios,
the first one is to get a long position after the price breaking up the handle
the second one is when the price retraces to the green area and then get a long position, it up to you!
____________________________
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
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telegram channel: t.me/melikatrader94
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