-Now xauusd tends to go down which is clearly visible in the trend and elliot wave theory.
-Planning xauusd now after experiencing a fairly rapid increase, then we can take a sell position with the scheme that I have drawn
XAUUSD Sell 1846.00
RR 1:3 (60:180pips) 1:4.5 (60:270pips)
TP 1 : 1828.00
TP 2 : 1818.00
SL : 1852.00
-Planning xauusd now after experiencing a fairly rapid increase, then we can take a sell position with the scheme that I have drawn
XAUUSD Sell 1846.00
RR 1:3 (60:180pips) 1:4.5 (60:270pips)
TP 1 : 1828.00
TP 2 : 1818.00
SL : 1852.00