XAUUSD BUY after retraction
Setup 1: BUY - The overall market direction is bullish on the Daily chart.
Confirmation: Price broke the market structure on H4 by breaking the descending TL. A pullback is expected now to the Fibo 78.6 level and then continuation upwards by creating a new higher low. The overall market direction is bullish.
Confirmation: Price broke the market structure on H4 by breaking the descending TL. A pullback is expected now to the Fibo 78.6 level and then continuation upwards by creating a new higher low. The overall market direction is bullish.
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.