My Trade Plan: Buy Gold
I will Long XAUUSD after a successful retest around 1848.00. Risk-Return Ratio is 1:11. Gold is Risky therefore a Strict Stop Loss is intact.
Note: Do your own research before taking the trade.
Buy/Long: 1847.20 - 1850.00
Stop Loss: 1843.30
Targets: 1877.40 and 1899.85
Indicators used: Moving Average and RSI
Analysis is based on Market Structure, International News, Supply/Demand zone, Moving averages and Relative Strength Index
Note: Do your own research before taking the trade.
Buy/Long: 1847.20 - 1850.00
Stop Loss: 1843.30
Targets: 1877.40 and 1899.85
Indicators used: Moving Average and RSI
Analysis is based on Market Structure, International News, Supply/Demand zone, Moving averages and Relative Strength Index
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