XAUUSD is at the start of a new long term bullish wave as per the MACD (1d).
At the same time this suggests that a short term pull back is possible with the MA50 (1d) a standard Support level during uptrends.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1880 (over the MA5 1d and rough -3.40% as per November.
Tips:
1. The MA100 (1d) provided the necessary long term Support twice. As long as this holds, the long temr trend will be bullish.
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At the same time this suggests that a short term pull back is possible with the MA50 (1d) a standard Support level during uptrends.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1880 (over the MA5 1d and rough -3.40% as per November.
Tips:
1. The MA100 (1d) provided the necessary long term Support twice. As long as this holds, the long temr trend will be bullish.
Please like, follow and comment!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.