melikatrader94

xauusd ---> possible moves

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
hello guys...

let's see what happen to gold before:

  • Start a sharp move

  • Formed a three-drive pattern

  • Hunt last level of three drive

  • Formed a QML


NOW, what is more probable, and what should you do?!

1- if the price reaches the pink area get a short position with a logical target

2- if the price breaks the gray area gets a long position and the target is the pink area

what is less probable but not out of mind?

1- gold wanna touch the green area and after that start a downward movement

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always do your research.

If you have any questions, you can write them in the comments below, and I will answer them.

And please don't forget to support this idea with your likes and comment
Comment:
buy/long

if the price breaks up the gray area you can get a long positon or add to your position

entry: market(a bit risky)-1951

Target 1: 1999.5

Target 2: 2025


sell/short

entry: 2025

Target 1: 1995

Target 2: 1968
Trade active:
the long position became active
Trade active:
two scenarios for getting long positions:

Trade closed: target reached:
the target in the short-term perfectly touched!


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🥇 t.me/melikatrader94
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