RT_Money

Gold (XAUUSD) Analysis and Trade Idea

Kort
RT_Money Uppdaterad   
FOREXCOM:XAUUSD   Guld / USA-dollar
Price has swept the low for LQ, and now pulling back for a correction, as expected. The noteworthy point to make is, it took out a demand zone in the process. Now, price is pulling back to the supply zone that broke the demand. It is a potential "demand2supply flip." I love these. I am looking for a sell setup as price enters the supply.
No setup, no trade.
Price could potentially go for a deeper pullback, breaking the supply zone . So, I will only take the short after confirmations.
The target will be the low of the pullback, and further down to the blue line.
Trade stängt: målet nått:
Hit Target #1.
Target #2 is where I am looking next.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.