H4 #Gold (#XAUUSD) Analysis - 29/3/22
H4 #Gold (#XAUUSD) Analysis - 29/3/22
XAUUSD (Gold) still seems to be moving in the ascending channel.
This analysis can be added to your watchlist to take advantage of #trading opportunities by looking for confirmation on a lower timeframe, with the principle of BUY on Support and SELL on Resistance.
Please use money management properly (you should put SL / stop loss to minimize risk).
Disclaimer On
#Support = lower limit price
#Resistance = upper limit price
#BUY = buy
#SELL = sell
#SL/Stop Loss = loss limit
XAUUSD (Gold) still seems to be moving in the ascending channel.
This analysis can be added to your watchlist to take advantage of #trading opportunities by looking for confirmation on a lower timeframe, with the principle of BUY on Support and SELL on Resistance.
Please use money management properly (you should put SL / stop loss to minimize risk).
Disclaimer On
#Support = lower limit price
#Resistance = upper limit price
#BUY = buy
#SELL = sell
#SL/Stop Loss = loss limit