XAU/USD 28.08.2023 buy

28 thg 8, 2023

XAUUSD

Greetings Traders,

In today's trading, I am focusing on identifying potential bullish trading opportunities. I've observed a considerable amount of bearish momentum in the DXY (US Dollar Index). Should we manage to breach a key resistance level and subsequently witness a retest, my plan involves entering a buy position in the gold market.

I am considering a strategy that revolves around a breakout scenario, particularly focused on the successful breach of a significant resistance level(104.000), followed by a retest for confirmation. Throughout this process, I will diligently implement effective risk management strategies and remain well-informed about ongoing market dynamics.

Wishing you all a successful and profitable trading day!

28 thg 8, 2023

Ghi chú

ENTRY at 1912

28 thg 8, 2023

Giao dịch đang hoạt động

Trade is now active as we find ourselves within a resistance area on the DXY (US Dollar Index).

28 thg 8, 2023

Ghi chú

If dxy can't break 104.000 I'm out. If gold breaks under 1913 I'm out.

28 thg 8, 2023

Đóng lệnh: đạt mục tiêu

90pips on this one