XAUUSD ⇒Simple Tweaks for Better Results

By melikatrader94
Updated
Hey everyone,

Just wanted to share my latest observation. I initially anticipated an upward trend for XAU/USD, as mentioned in my recent post:

xauusd ⇒ seems bullish



Gold has experienced an upward surge, and I interpret the last covering candle as the beginning of a minor correction.

I've identified two short-position targets:

2014.23
1995.58
Keep an eye on the last target, as it could mark the starting point for another upward movement!

Cheers!"

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Comment
snapshot
Trade closed: target reached
the first target touched
Trade closed: target reached
touched all targets
Trade closed: target reached
it is running toward the long position's target!
Trade closed: target reached
the long position's target touched!
Beyond Technical AnalysisChart PatternsGoldgoldanalysisgoldsignalsmelikatraderTrend AnalysisXAUUSD
melikatrader94
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