Check out the trade plan for XAUUSD today based on the technical analysis . Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
XAUUSD has formed a descending channel . We can spot a clear bullish breakout formed on the channel where it now holds the 4th impulse back towards the key level formed. After the pullback, we can expect a further rise in gold prices towards the pinned targets in the 1hour timeframe.
XAUUSD has formed a descending channel . We can spot a clear bullish breakout formed on the channel where it now holds the 4th impulse back towards the key level formed. After the pullback, we can expect a further rise in gold prices towards the pinned targets in the 1hour timeframe.
Note
TP 1 =1670TP 2 = 1675
TP 3= 1680
SL= 1657
Note
TP 1 = HIT 70+ PIPSNote
TP 2 HIT 120 + PIPS PROFITNote
TP 3 HIT
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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.