Gold Longs On 1H close about 1898 Hope all is well,
Sharing a technical analysis on GOLD as an overview my overall bias is long. Please be sure to always use proper risk management. We are looking for targets of 1913.5 depending on closure 1930 before a major sell off again depending on how price reacts when we reach the higher targets.
Gold must close 1H above 1898 for continuation to the upside. 15M TL is valid waiting for break and retest however I did enter longs already with stops at 1895.4
If you like the idea be sure to follow for more trade setups.
I would love to build a community of professional traders strictly watching gold .
I do dable occasionally into gold GJ but other than that you too should be focusing on mastering one single pair or indices.
Xaulong
Gold to 1830 Levels - Bullish Monday Onwards (October 6th 2021)Heres a detailed technical analysis on my view for XAUUSD (Gold) for Sunday/Monday October 5th/6th onwards.
I am very technically oriented in my trading and trust my own analysis.
This coming week will either be extremely volatile or slow as we come towards the year end.
I am excited to see how covid will play on Gold and the USD Index and will keep in mind its inverse relation moving forward.