XAUUSD H4 bullish trend

15 Feb

Price is going up in the both descending channel, so to me the first target would be 2020, and if it breaks the upper bound next target would be 2050 , if larger channel upper bound can not hold ,3rd target would be around 2070.

19 Feb

Nota

OK , First target reached and upper channel bond broke , lets see if price can reach the upper bound of the larger channel and the second target of 2050 ?!

29 Feb

Nota

2nd target reached too , and broke the upper bound of larger channel , lets see if it can reach 2070 our third target or not ?

1 Mac

Nota

third target also reached, i expect a retracement before further long move.

3 Mac

Nota

It seems the bulls are not going to stop ,at least up to 2100, so i am still keep my entry live , with a trailing stops till then