We covered three consecutive trades in XAUUSD. 2 trades were partially successful and 1 trade was fully successful giving us return of 18$ multiplied by your lot size in gains. I'm thrilled that you're making profits. But remain cautious about the levels of 2338.
Gold is in a zone of consolidation so it's quite hard to find a good trade but still you can plan your trades as follows --- 1. LONG @2351 TGT- TP1@2354 TP2@2357 TP3@2360 TRAIL further. SL 2347 2. SHORT @2361 TGT- TP1 @2357 TP2@2354 TP3@2351. SL 2364 3. SHORT @2351 TGT- TP1 @2347 TP2@2344 TP3@ 2341. SL @2355 4. LONG @2340 TGT- TP1@ 2347 TP2@2351 TP3@2354. SL...
XAUUSD charts show a dying interest from sellers as buyers closed the markets on a strong level. But drawing the levels we do see a pattern of reversal from certain levels. This analysis video can help you decide in this regard. These are not recommendations of any sort. Enter a trade only upon detailed self analysis.
After consolidating from its recent high of nearly $72000 bitcoin tested 66500 levels and might rally from this point over the weekend or the mid of next week. A break from these levels may mean that the buyers aren't able to cope up with the shorts in play. So for you all to understand the right levels and not fall prey to the trap of the consolidation zone I've...
After the offset of Bears in the rally we started to see a good Buying Candle with the start of Asian markets on Friday around 6A.M(IST) i.e UTC+5:30. From the counters we can see a good Bull run till we don't cross 2350 levels and from there the rally can continue. My entry and exits have been described in the video with the TP. hope you can plan accordingly