XAUUSD Great Uptrend, Lets catch the retracement!
Hi guys, here with another analysis and this time is on Gold. Please do like, comment and follow for more.
On daily, you can see it made a double bottom and break the downtrend structure giving us this nice uptrend. What I am looking at is a retracement and to profit from it.
On H4, you can see it is rejecting this upper trendline nicely and it has to retest that breakout as well, thus entering here and targetting the breakout area.
On daily, you can see it made a double bottom and break the downtrend structure giving us this nice uptrend. What I am looking at is a retracement and to profit from it.
On H4, you can see it is rejecting this upper trendline nicely and it has to retest that breakout as well, thus entering here and targetting the breakout area.
Trade fechado manualmente
Closed at 139 PIPS manually after seeing the huge rejection on H1 at 1957.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.