GOLD: (XAUUSD) weekly growth (Long)
With gold reaching a new monthly high (1834), it has shown a steady but bumpy growth and on friday had a small pullback around 1811.
with the retest i expect potential entry point for daily trades.
on monday we should see strong buy to sell ratio.
E.P=1811.04
TP1=1828.87
TP2=1838.72
TP3=1840s
REMINDER:
Look for proper confirmation (reversal pattern formation within the zone) to buy the market.In case of a bearish violation, the setup will be invalid.
good luck ,safe trading.
with the retest i expect potential entry point for daily trades.
on monday we should see strong buy to sell ratio.
E.P=1811.04
TP1=1828.87
TP2=1838.72
TP3=1840s
REMINDER:
Look for proper confirmation (reversal pattern formation within the zone) to buy the market.In case of a bearish violation, the setup will be invalid.
good luck ,safe trading.
Comment:
been a patient longnhold and finally gold broke ....awaiting 2nd tp hit