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XAU/USD Monday Price Action Analysis
I have used pure price action by taking into consideration Support & Resistance levels and by observing the candlestick patterns
The analysis have be made on a 2H chart to get a larger picture of where the price is moving .
It seems to be a profitable trade if you open a long position on XAU/USD and take profit near the Key Resistance 1 .
If the price breakouts the K.R1 , next takeprofit area is near K.R 2 .
If the price bounces the K.R1 , exit the trade and realise your profits.
Thankyou and Good Luck my Friends ! :)
The analysis have be made on a 2H chart to get a larger picture of where the price is moving .
It seems to be a profitable trade if you open a long position on XAU/USD and take profit near the Key Resistance 1 .
If the price breakouts the K.R1 , next takeprofit area is near K.R 2 .
If the price bounces the K.R1 , exit the trade and realise your profits.
Thankyou and Good Luck my Friends ! :)
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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.