In my previous video ideas i have explain that the XAUUSD is in symmetric triangle in 4H(linked the video ideas for reference), and also the expected the range to move.
Now the XAUUSD is at the top of the triangle, and this is a opportunity for the SELL. If the XAUUSD in 30minutes time frame closes below 1994.47 then sell starts and target is the support of the triangle.
The risk reward ratio is 1:2.11
Now the XAUUSD is at the top of the triangle, and this is a opportunity for the SELL. If the XAUUSD in 30minutes time frame closes below 1994.47 then sell starts and target is the support of the triangle.
The risk reward ratio is 1:2.11
