We now wait to see if the price will come to retest the 1715 price area, before pushing up again to make higher highs. The 200EMA should now act as support and price is expected to bounce off of it to the upside. ___ #DrooelmFX
CONFLUENCES: ~Stochastic Divergence (Marked in black) ~200EMA Resistance Is price likely to reverse? I will SELL if it crosses below 1704.
Buy IF the price breaks ABOVE 1716
Enter LONG when price breaks above 1691 SL: 1678 TP: 1714
Price returned to retest the break level (1736). Movement to the upside to continue if it breaks above 1743 price point... I will hold on to my BUY position. This is also a good re-entry point for a LONG position. Take profit: 1750 or 1760 depending on how price behaves.
I see XAUUSD going up to hit the 1760 price point.
XAUUSD retesting the breakout level. It will push up to the 1760 price point. This is a good place to re-enter LONG POSITION. T.P 1 = 1760 T.P 2 = 1800
Confluences: 1. RSI divergence on the hourly 2. Inverse Head and Shoulders 3. Bull escape & Bullish engulfing at the BUY zone 4. Price Broken structure Go LONG
XAUUSD is Bullish...BUY NOW!
XAUUSD Bullish Trend... ~Hold on to that Long Position #DrooelmFX
XAUUSD Bullish Trend... ~RSI Divergence ~Next week, we are BUYING ~Hold on to that Long Position #DrooelmFX
XAUUSD RSI Bullish Divergence Forming...BUY! ~RSI Bullish Divergence Formed ~Price Reversal imminent ~Hold Long Position #DrooelmFX
XAUUSD Go Long... ~RSI Divergence ~Price Reversal expected ~Hold Long Position #DrooelmFX
~Support at the 1760 price point ~RSI Bullish Divergence forming on Hourly chart ~Price about to pull back ~Go LONG #DrooelmFX
Bearish Divergence forming Wait for Price to break below 1833, then enter Short. SELL XAUUSD #DrooelmFX