XAUUSD Gold long idea
Updated
Hello everyone
Starting from the London session my bias was bullish due to the PIO zone and trendline bottom that we reached (2314).
As my common strategy, I took long for the main trend to take sell side LQD Asian high 2331.
Also the price was channeling if you see the bigger picture.
Logically, we bought from the discounted area until price reaches the premium zone.
So what next?
I'm waiting price to close 2333 full body and retrace until around 2328. From there i will enter long until 2338 to take out the LQD that i market above.
Continuation buy today and the rest week we might see bearish to follow higher timeframe bias.
SL: 2325
Please trade on you own risk and confirmation.
Good luck
Starting from the London session my bias was bullish due to the PIO zone and trendline bottom that we reached (2314).
As my common strategy, I took long for the main trend to take sell side LQD Asian high 2331.
Also the price was channeling if you see the bigger picture.
Logically, we bought from the discounted area until price reaches the premium zone.
So what next?
I'm waiting price to close 2333 full body and retrace until around 2328. From there i will enter long until 2338 to take out the LQD that i market above.
Continuation buy today and the rest week we might see bearish to follow higher timeframe bias.
SL: 2325
Please trade on you own risk and confirmation.
Good luck
Trade closed: target reached
Did you make a boom????
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