I am still on the long side for XAUUSD.
Price is now consolidating within the teal color zone (1222.5 - 1231.5) . This consolidation should take a while. It will always be better to take the trade on the lower end of the of the consolidation (around 1225).
Your stoploss should be below the extreme end of the lower side denote by the dotted line so as not to get stopped out.
Once again, if you are following this trade. do not adjust the stop loss level as it is part of my strategy.
Have a good week ahead! Please follow my patreon if my post helped you =)
Price is now consolidating within the teal color zone (1222.5 - 1231.5) . This consolidation should take a while. It will always be better to take the trade on the lower end of the of the consolidation (around 1225).
Your stoploss should be below the extreme end of the lower side denote by the dotted line so as not to get stopped out.
Once again, if you are following this trade. do not adjust the stop loss level as it is part of my strategy.
Have a good week ahead! Please follow my patreon if my post helped you =)
