XAUUSD UPDATE
XAUUSD my personal view on this currently.
I took a long position earlier took partials profits and hold half of my position.
am expecting XAUUSD to pull up to 1839 if it fails to trade above this price level expect further drop, cuz the trend is still bearish on the 1hr to 15mins time frame.
The third scenario here is for price to continue to rally to 1845. then from the trend react at this point will determine my next cause of action
the second senerio here is for it to drop to 1833 and if this level of support hold expect a rally to 1845
stay tuned to this feed for live trading updates and signals.
please refer to my previous publications to be able to understand how I approach the market
feel free to drop your own views, comment or criticism .
I took a long position earlier took partials profits and hold half of my position.
am expecting XAUUSD to pull up to 1839 if it fails to trade above this price level expect further drop, cuz the trend is still bearish on the 1hr to 15mins time frame.
The third scenario here is for price to continue to rally to 1845. then from the trend react at this point will determine my next cause of action
the second senerio here is for it to drop to 1833 and if this level of support hold expect a rally to 1845
stay tuned to this feed for live trading updates and signals.
please refer to my previous publications to be able to understand how I approach the market
feel free to drop your own views, comment or criticism .
Note
price just pulled up to 1839 and rejected.Note
Note
I will be going short once price breaks below 1838wait for full confirmation before placing your SELL trades
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IF PRICE BREAKS 1841 SELL SETUP NO LONGER VALIDNote
SELL XAUUSD ENTRY 1838SL @ 1841
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15PIPS IN PROFITNote
I WILL BE ADDING ADDITIONAL POSITIONS AT 1835.65PENDING ORDERS SET @ 1835.65
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Note
Retraced above entry point.... trade Setup still valid .patiently waiting for the drop
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GRADUALLY COMMING BACK TO PROFITNote
DELETE PENDING ORDERS, AND SELL BY MARKET EXCUTION NOW @ 1837.44ADD 2 MORE POSITIONS
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50PIPS BOOM INJ PROFITNote
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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.