CAN XAUUSD MOVE FOR LONG NOW? [Read Caption]

11 feb

Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis..

XAUUSD is working on a parallel channel's lower line support area, where it is respecting very well and started going up.. So this will be better that we go with the trend because XAUUSD is still in strong bullish trend.. XAUUSD can move for long to the first target around 2910 and then it can reach to the the 2940 that is near parallel channel's upper line resistance area also.. I Have clearly given a long position in the chart...

KEY POINTS:
CURRENT PRICE 2885
SUPPORT AREA 2887/2878

TARGETS:
1st TARGET 2910
2nd TARGET 2940
CANCEL TRADE 2865

12 feb

Trade chiuso manualmente

Hey traders XAUUSD has reached to 2908 that means our first target is almost completed. now lets manually close this trade.