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XAUUSD - 24 August 2020 Outlook - Long PositionHi, Brian Here. And this is my outlook for XAUUSD - 24 August 2020. From Last week, we can seen that XAUUSD can't go further and will be retrace on Fibbo Area 61.8 Since the major trend (D) is still bullish, So we can still hope itu will be up. And here's to entry: BUY - Long Entry on 1927 - 1913 SL on 1856 (with a very strong support on 1882) TP 1 2016 TP 2 2045 TP 3 2089 Hope you enjoy. If you like and it helps you, please hit the like and follow button. Thanks
OANDA:XAUUSDLong
by yoshiharu_kubo
AUDUSD Buy Analysiswe can see that price is still in an uptrend, so we will still be looking for a buy setup. In the daily Timefrade price retesting EMA20 and there's a rejection. price has retested EMA20 few times and quite respect to this level. at the H4 timeframe, price currently trying to create a bullish engulfing formation. The setup will remain valid if H4 candle successful to create bullish engulfing candle. However, if no engulfing candle is formed, the setup will change. Our entry strategy is that if the price forms a bullish engulfing on H4 then we will buy on pullback on the yellow line the target price as on the chart
Long
by tom_mok