XAUUSD rallied up almost to 1240.
Right now is not a good time to long it on 4H chart, because it looks possible to correct by a reflection point on the channel. On that situation , it will make a bull flag.
The red arrows are another possibility for gold to go to make a new high.
Trade with care when shorting GOLD becoz wkly chart is now not supporting a short trade .
Less is more!
Right now is not a good time to long it on 4H chart, because it looks possible to correct by a reflection point on the channel. On that situation , it will make a bull flag.
The red arrows are another possibility for gold to go to make a new high.
Trade with care when shorting GOLD becoz wkly chart is now not supporting a short trade .
Less is more!
Commento:
Commento:
GOLD did pull down alone with the blue arrow.
Commento:
Trade chiuso: obiettivo raggiunto:
We got TP1 hit with 70 pips.
