XAUUSD update !
XAUUSD update
Hello !
- Gold has bounced strongly from the 1680 support area on the weekly time frame
- Looking at the data on the hourly time frame, gold still shows a bullish zone to 1812-1824
- On the larger time frame, the data still has a strong correction 1536
Plans:
- For day traders (short-term intraday trades): Prioritize Buy positions, target 1812-1824
- For medium-term traders: wait for the breakdown structure at 1812-1824, to open a sell position
Note:
+ It will take about 2-3 weeks for the data of the time frames to be in phase with each other
+ Currently the price is in an unsafe trading zone, everyone should be careful, and manage risk
Hello !
- Gold has bounced strongly from the 1680 support area on the weekly time frame
- Looking at the data on the hourly time frame, gold still shows a bullish zone to 1812-1824
- On the larger time frame, the data still has a strong correction 1536
Plans:
- For day traders (short-term intraday trades): Prioritize Buy positions, target 1812-1824
- For medium-term traders: wait for the breakdown structure at 1812-1824, to open a sell position
Note:
+ It will take about 2-3 weeks for the data of the time frames to be in phase with each other
+ Currently the price is in an unsafe trading zone, everyone should be careful, and manage risk
Nota
Update Jul 21 2022
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.