Qazitrader
XAUUSD, 1-HOUR TIMEFRAME CHARTXAUUSD, 1-hour timeframe chart
General outlook
XAUUSD has been under buying pressure within the last day. if pair touched resistance 2708.
then we wait if pair break the resistance 2708 then we take buy position. if pair not break resistance then we take sell position.
Possible scenario
we are waiting for our zone CAPITALCOM:GOLD .
XAUUSD, 15-MINUTE TIMEFRAME CHARTCAPITALCOM:GOLD XAUUSD, 15-minute timeframe chart
General outlook
XAUUSD has been under buying pressure within the last day. The pair moved to the level of 2,650.00.
Possible scenario
The best way to use this opportunity is to place a buy order at 2,652.
Set your stop loss at 2,647. below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,672. ($20.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
OANDA:XAUUSD CAPITALCOM:GOLD
XAUUSD, 15-MINUTE TIMEFRAME CHARTXAUUSD, 15-minute timeframe chart
General outlook
XAUUSD has been under buying pressure within the last couple of hour. The pair moved to the level of 2,638.00.
Possible scenario
The best way to use this opportunity is to place a sell order at 2,638.
Set your stop loss at 2,643. below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,623. ($15.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.