GOLD, XAUUSD
Updated
This analysis for XAUUSD , GOLD on time frame 4 Hours.
For more than a month now, Gold is consolidating in a narrow range. It is going back and forth within this triangle pattern that I have drawn in my chart. What i can see here Gold already create new higher high & higher low, Gold already show us want falling more down. If price can breakout my SBR zone price falling between 1920.00 or 1880.00 strong support level. What i can see on DXY price at strong buying zone that mean high potential price can falling to the area i mark. If you want to make an accurate long term prediction, breakout will most likely clarify that. On time frame Daily what i can see triangle pattern for two option BUY and SELL price need to breakout on triangle resistance and support for confirmation. If price continue Buying i will update new mapping for this pair. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
I HAVE 2 OPTION FOR BUY AND SELL
1. You can entry SELL when the market open or set pending order SELL on charts. SL 15 - 30 PIPS
2 . You can entry BUY when Resistance zone breakout or BUY when price pullback on SBR zone.
GOODLUCK !!!
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For more than a month now, Gold is consolidating in a narrow range. It is going back and forth within this triangle pattern that I have drawn in my chart. What i can see here Gold already create new higher high & higher low, Gold already show us want falling more down. If price can breakout my SBR zone price falling between 1920.00 or 1880.00 strong support level. What i can see on DXY price at strong buying zone that mean high potential price can falling to the area i mark. If you want to make an accurate long term prediction, breakout will most likely clarify that. On time frame Daily what i can see triangle pattern for two option BUY and SELL price need to breakout on triangle resistance and support for confirmation. If price continue Buying i will update new mapping for this pair. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
I HAVE 2 OPTION FOR BUY AND SELL
1. You can entry SELL when the market open or set pending order SELL on charts. SL 15 - 30 PIPS
2 . You can entry BUY when Resistance zone breakout or BUY when price pullback on SBR zone.
GOODLUCK !!!
If you want update on XAUUSD , GOLD analysis, Kindly follow and like.
Feel free to comment your outlook and
Share with your friend.
Thanks you!
Note
PENDING ORDER SELL ACTIVE, NOW 75 PIPS RUNNING IN PORFIT. KEEP HOLDING!Note
200 PIPS RUNNING PROFIT, CAN CLOSE HALF OR SET BE.Note
NOW RUNNING 470 PIPSTrade closed: target reached
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