XAUUSD stopped dropping last Friday because of the weak NFP .
We just got our patience and luck to get a new long trade's tp1 hit again.
Before this trade, we have a short trade' s all targets hit .
On monthly chart, gold has problem to break through both red resistance zone. Buyers of gold should watch out carefully because it could reverse again to make a new low position. And our long trade now is risking 0 again by moving SL to entry position after TP1 hit.
This idea is marked as long based on weekly chart.
LESS IS MORE!
We just got our patience and luck to get a new long trade's tp1 hit again.
Before this trade, we have a short trade' s all targets hit .
On monthly chart, gold has problem to break through both red resistance zone. Buyers of gold should watch out carefully because it could reverse again to make a new low position. And our long trade now is risking 0 again by moving SL to entry position after TP1 hit.
This idea is marked as long based on weekly chart.
LESS IS MORE!
