XAUUSD Gold Bull But Overbought

2021年12月25日

XAUUSD GOLD
1D TF

Dear Traders, Merry Xmas!!!

Previous Trade Idea (Refer to the previous post)
Bullish
Buy: 1782-1786
TP1: 1796
TP2: Let Profit Run
​SL: 1772
==> Profit Taken
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Gold is in an uptrend but currently overbought
Retracement is likely to test at 1794-1798 first. If it is no longer overbought, there is a good chance it will go up.
Next support at 1785-1789.

Trade Idea 1
Buy: 1794-1798
TP1: 1810
TP2: Let Profit Run
SL: 1783

Trade Idea 2
Buy: 1785-1789
TP1: 1810
TP2: Let Profit Run
SL: 1779