XAUUSD TRADE IDEA
I expect the price to consolidate at its current 1798-1801 level before shooting towards the first strong resistance of 1810. a retest may
occur here back towards past resistance turned support 1800-1802 (baseline of inner channel), after which I am expecting further growth to 1816 at which
some consolidation may occur. the bullish inner channel will now be tested once gold decides to aim for the 1820-1830 area. Final destination at
1854 to complete upper trend line. here we may not now what gold will do.
ENTRY: 1800
TP:1854
SL:1790
pipsbagger
occur here back towards past resistance turned support 1800-1802 (baseline of inner channel), after which I am expecting further growth to 1816 at which
some consolidation may occur. the bullish inner channel will now be tested once gold decides to aim for the 1820-1830 area. Final destination at
1854 to complete upper trend line. here we may not now what gold will do.
ENTRY: 1800
TP:1854
SL:1790
pipsbagger
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