trungle83

XAUAUD AB=CD complete on weekly chart

Long
trungle83 Updated   
OANDA:XAUAUD   Gold/AUD
Xauaud (gold aud) AB=CD completes at the extreme range of a weekly Paralell channel and at a weekly support zone.
With the last candle closed for the week showing strong reversal, I am seeing Xauaud to be a good buy position.

Comment:

Approx 250 pips
Comment:
Took Half Profits, Moved SL to A tad above Entry Level.
Let this run..if it goes up, Great.
If it goes back down, I will be out of the trade, however, still made profits.

**If anyone read this, please do not take a trade on a Weekly Chart, it is only an analysis to view of a potential direction.**
Comment:
Current @ 1586.124
Comment:
T1 Hit!


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