Last week Gold finished the weekly candle strongly above the resistance, this means that the resistance was broken.
Now we have to wait for a pullback to the broken resistance that has now become support, after the retest and the confirmation that it is reacting there, we can buy XAUUSD.
Stop loss 1914
Target 2050
Now we have to wait for a pullback to the broken resistance that has now become support, after the retest and the confirmation that it is reacting there, we can buy XAUUSD.
Stop loss 1914
Target 2050
Trade active
+600 pipsTrade closed: target reached
Enjoy your profit!
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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.