MaxFaulkner

XAUUSD Buy Looking Strong

Giá lên
MaxFaulkner Cập nhật   
FX:XAUUSD   Vàng / Đô la Mỹ
On the 15 minute chart gold is looking like a good buy opportunity. I have plotted the bullish trendline and price has fallen into a zone that price has been frequently seen to move erratically in. It has also lined up well with a fib retracement as price came down to the 61.8% line showing more potential. I am not entering the trade yet as I would personally like to wait for a confirmation sign such as a candle like a bullish engulfing. I want to wait for this confirmation as price could break the trendline and fall to the downside which would line up with my EURUSD sell trade.
Bình luận:
Quick Update: Price has broken through the trendline I plotted which is exactly why I waited for confirmation. Price has now come down to the 78.2% fibonacci line and we could still see a move to the upside if this turns out to be a false breakout. I will be watching for the next few minutes just to see if there are any good entry points that align with my idea.
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.