XAUUSD is Starting to gain it's bullish strength again.
My following setup requires Gold to break clearly above the 2KUSD level.
Make a retest of it's resistance after breaking thru the structure clearly.
I reckon placing a buy limit when XAUUSD has broken thru it's resistance, as a retest will likely occur.
SL can be placed bellow demand zone or below it's...
You can make money with simpler setups also, its not that only complex setups like Elliot wave theory, harmonics only make money. Simple setups also win, from complex setups to simple setups everything has different win rate. The point is simple setups also win.
We have support zone in XAUUSD from 1320's to 1323's, and potential double bottom formation. So if we...