XAUUSD long - How to trade Gold now? - Supply Demand
Hello Traders!
I am back with an update on Gold. Cheers for all who did follow yesterday's analysis. We went up to the Supply Zone like expected.
What now?
Well on Gold I am expecting the continuation pattern. Gold is still in this h4 Trend Channel and should go up. Of course we could see some correctional moves to the downside again but I will not take any shorts. Therefore the R:R is not fitting my Trading Plan. I am looking to buy Gold.
Scenarios:
#1 Gold is going to break the Supply Zone Retest it and fly
#2 Gold is going to respect the Supply Zone and will go down to the Demand Zone before flying.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
I am back with an update on Gold. Cheers for all who did follow yesterday's analysis. We went up to the Supply Zone like expected.
What now?
Well on Gold I am expecting the continuation pattern. Gold is still in this h4 Trend Channel and should go up. Of course we could see some correctional moves to the downside again but I will not take any shorts. Therefore the R:R is not fitting my Trading Plan. I am looking to buy Gold.
Scenarios:
#1 Gold is going to break the Supply Zone Retest it and fly
#2 Gold is going to respect the Supply Zone and will go down to the Demand Zone before flying.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
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linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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