GOLD CONTINUE BUY FROM H1 SUPPORT ZONE

Aggiornato
For XAU/USD I would prefer to place a buy pending order.
Since there is no confirmed reversal candlestick pattern yet.
And also there is some buying momentum left on bigger timeframe which is daily and above.

Buy from H1 support zone

Entry
1639.27 - 1636.70

Stop Loss
1631.84 + Spread

Target Profit
1673.70 - 1688.27 ( minus spread).

Note : I will use some small lot since the Risk/Reward ratio is quite interesting.
Nota
Gold reached 1700 been selling from that price with sl 1705
Nota
Formation of falling wedge
Chart Patternsh1Trend AnalysisXAUUSD

Anche su:

Declinazione di responsabilità