XAUUSD hit the MA50 (1h). New bullish wave starting.
Gold hit today its MA50 (1h) for the first time since October 15th.
This is an attempt to form the new Higher Low inside the short term Channel Up.
The last correction towards the bottom was on a -1.08% decline. The price is close to that currently.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2770 (top of Channel Up and +2.50% rise).
Tips:
1. The RSI (1h) hit the Support (1) level from exactly the last Higher Low on Oct 15th.
Please like, follow and comment!!
Notes:
Past trading plan:
This is an attempt to form the new Higher Low inside the short term Channel Up.
The last correction towards the bottom was on a -1.08% decline. The price is close to that currently.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2770 (top of Channel Up and +2.50% rise).
Tips:
1. The RSI (1h) hit the Support (1) level from exactly the last Higher Low on Oct 15th.
Please like, follow and comment!!
Notes:
Past trading plan:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.