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Xauusd-strategy

XAUUSD(Gold) Massive Bull Run On Hand! Found Out Why...Gold has been seeing some very clean moves to the upside over the last few days, consistently making LH and HH. As of today, gold has broken a major area of resistance @1860.400 area that I have identified on the Daily timeframe, this level is a very well respected area. The fact that the level has been broken shows huge potential for a further move to the upside and create new highs @1892.530. There may be a retest of the zone, but as long as gold continues to trade above 1863.00 then I am happy to take buys. Feel free to like this post if you agree with my idea! If you decide to take this trade because you agree with the analysis, please be aware of the amount of risk gold is exposed to at this time with Joe Biden speaking, this will cause huge volatility in the market generally causing unpredictable moves.
OANDA:XAUUSDLong
by ShaunGadd02
2
GOLD is getting ready to breakout STRONGLY! Here's why...Hey guys hope you are all well! Gold has been in a harsh range for a few days now which I have been keeping my eye on. A big part of the harsh movements in gold at the moment is due to the uncertainty of what president elect Joe Biden has to say tomorrow which is making the market move extremely sketchy. With gold ranging for a number of days I do expect a huge breakout to occur soon, which way it will breakout to is unpredictable at the moment due to the range gold is currently trading in. But overall I do expect a strong bull run to the upside. I will be placing buys if I see a break above 1845.450 to target 1856.450. A selling opportunity is there but I like the the buying opportunity more, it all depends on what the market does from here. I will keep you guys updated on this set-up. Feel free to leave a like if you agree with the set up!
OANDA:XAUUSDLong
by ShaunGadd02
Trading parallel channel like Proin parallel channel there are two trend lines parallel to each other. You buy/sell at trend line. near the yellow arrow sign. you multiple resistance trend line fib retracement previous support now turned into resistance trade always have two part Entry and exit you have multiple resistance to sell and you exit at 100% projection of wave at lower trend line of channel this is perfect example : How you can trade using trend lines, fib retracement and extension, support and resistance. (market doesn't give you this type trade everyday. so you have to wait which strategy is giving you signal to trade. if you wait you always spot this type of trade easily ).
OANDA:XAUUSDEducation
by Sangam-Agarwal
2
Gold M30 - great accuracy using our StrategyFor more information on our strategy please view our 'Scripts' page on our Trading view profile. Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair. We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR. There are infinite ways to manage your trades to suit your mindset and time. Works on all instruments Directly onto your own personal trading view - all devices work Non repainting Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy. We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC . Regards Darren Blue FX
FOREXCOM:XAUUSD
by pow_removetheguesswork