XAUUSD is now a buy opportunity
Gold / XAUUSD is trading on the 1day MA100 at the bottom of the long term Channel Up.
The downside potential is technically limited to a -7.95% decline on the dotted Channel trend line.
The lowest risk trade is to buy after the price crosses above the 4hour MA50.
Target 2080 (All Time High).
Previous chart:
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The downside potential is technically limited to a -7.95% decline on the dotted Channel trend line.
The lowest risk trade is to buy after the price crosses above the 4hour MA50.
Target 2080 (All Time High).
Previous chart:
Follow us, like the idea and leave a comment below!!
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