XAUUSD Gold will be bullish until the uptrend line is broken on the higher time-frame
We have now entered a buy position due to the breakout of the neckline of the reverse head and shoulders pattern
We also placed a buy limit order in the Pull-Back (1% of the trading account).
We hope everyone has a good week
Trading Setup:
Gold XAUUSD 1h ⬆️ Buy Now or buy on 2507.9 ⭕️SL @ 2489.8 🔵TP1 @ 2550.8 🔵TP2 @ 2600.0 🔵TP3 @ 2649.0
What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
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.