XAUUSD [ SHORT-TERM ]
Updated
If DXY finds support at current price, will be expecting XAUUSD to respect the trendline and stay within channel.
SL above HTF trendline ( Green Dash Line ) and TP at upper LTF trendline.
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Will be looking to add position if price touches green dash line.
SL above HTF trendline ( Green Dash Line ) and TP at upper LTF trendline.
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Will be looking to add position if price touches green dash line.
Trade closed: target reached
After it went 50pips into profit, had a trailing stop of 20pips setup and got stopped out at 1932.5Will be looking out for pivot zones in anticipation of tomorrow's CPI print.
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