You can plan a long setup in 1 hr tf near 2667 are and take first to at 1RR and move can wait for final tp. Manage your risk accordingly.
Looking good for buy you can buy gold and manage your trade
Gold is looking good for a downside in 1hr timeframe till daily FVG and if breaks then till daily demand. You can take entry on 5 min timeframe and manage your trade according to your risk reward. #XAUUSD #Forex #trading
Gold is looking good for a downside in 1hr timeframe till daily FVG.You can take entry on 5 min timeframe and manage your trade according to your risk reward. #XAUUSD #Forex #trading
Gold is Bullish in Daily TF as it's tapped on it's daily time frame and it's giving reaction so we can expect a bullish trend from here. If it closes below it's daily structure level then we can expect huge downfall in gold.
If choch happen in 1 min tf then most probably it will tap OB which was grey box below and if BOS happen then it will tap grey box OB above.
You guys can open a long position with SL 71 and TP 74 and 76.