My view on
XAUUSD
Gold has been in a Bear Run for a while, printing LLs and LHs, following the significant trend.
Now:
Gold has broken its significant trendline with a big green candle showing the heavy buyers in charge, and RN it is around the Neckline(check analysis).
Plan A:
Sell from the neckline if see any bearish signal
Plan B:
Buying after the neckline breakout or when it gets retested after the breakout.
Trade your levels accordingly.
Your feedback would be appreciated and you can also share your analysis on Gold.
Best of Luck!
XAUUSD
Gold has been in a Bear Run for a while, printing LLs and LHs, following the significant trend.
Now:
Gold has broken its significant trendline with a big green candle showing the heavy buyers in charge, and RN it is around the Neckline(check analysis).
Plan A:
Sell from the neckline if see any bearish signal
Plan B:
Buying after the neckline breakout or when it gets retested after the breakout.
Trade your levels accordingly.
Your feedback would be appreciated and you can also share your analysis on Gold.
Best of Luck!
Trade active:
TP 2 Hit!
Trade closed: target reached