Gold Spot / U.S. Dollar
Updated

XAUUSD ⇒Simple Tweaks for Better Results

2462
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!"

______________________

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
Note
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!

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.