XAUUSD - Setting up for a long bearish run
XAUUSD is expected to go bearish if it breaks support trendline of peanant and D1 closes below 1812.00. There are 3 trade opportunities within this big move.
Trade #1
Sell XAUUSD if D1 closes below 1812.00, Takeprofit: 1790.00, Stoploss: 1835.00 - 220 pips opportunity
Trade#2
buy XAUUSD around 1787.00 if H4 makes rejection candle, Takeprofit: 1810.00, Stoploss: 1775.00 - 200 pips opportunity
Trade#3
Sell XAUUSD around 1850.00 area, TP1: 1755.00, TP2: 1722.00, TP3: 1685.00 , Stoploss: 1835.00
It is a long term trade setup and may take 15-18 days for a omplete journey, many small rade opportunities will also come during this move which I will keep updating here.
Trade #1
Sell XAUUSD if D1 closes below 1812.00, Takeprofit: 1790.00, Stoploss: 1835.00 - 220 pips opportunity
Trade#2
buy XAUUSD around 1787.00 if H4 makes rejection candle, Takeprofit: 1810.00, Stoploss: 1775.00 - 200 pips opportunity
Trade#3
Sell XAUUSD around 1850.00 area, TP1: 1755.00, TP2: 1722.00, TP3: 1685.00 , Stoploss: 1835.00
It is a long term trade setup and may take 15-18 days for a omplete journey, many small rade opportunities will also come during this move which I will keep updating here.
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