XAUUSD is in a strong uptrend. However, I do not want to buy at the current market price. I am waiting for a pullback at least on the hourly time frame.
If Gold pulls back towards the 100 Hour EMA near 1915, then I will consider buying Gold provided the PA still remains Bullish.
Possible target could be the 2000 level if this trade is executed.
If Gold pulls back towards the 100 Hour EMA near 1915, then I will consider buying Gold provided the PA still remains Bullish.
Possible target could be the 2000 level if this trade is executed.
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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.