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Dramti

XAU/USD

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Dramti Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
Hi guys,

When you look back the left side, this, support is the first leg of the Large Bullish wave. That's why it is not easy to break.

In addition, we see some momentum loss in price movement and we expect a pullback test

Happy trading
Comment:
Another lesson for us for this trade, our target seems to be far. It is should be the closest resistance area. Don't expect too far, you MUST see where is the ACHIEVABLE TARGET.

Please always remember use positive stop loss or trailing stop . We do not know how far price can go . However, we can guarantee that price will far away a while from entry point and give you profit (we do not know how big/small profit a trade will be, so please careful).
Comment:
On Monday, price is hard to analyze as US was on vacation. In addition, we see price hit take profit as per our analysis.

Glad to see it and also glad to not incur any loss xD
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