H1 & H4 Timeframe
Gold is still on parallel channel and holding the Range area 3325-3345.
Although we took 2 buy trades at 3330 zone and 450 pips tp hit.
What possible scenario we have?
Bearish scanario:
If 3320 breaks and candle closes below then keep focus on 3280-3290 target.
Bullish scanario
if gold breaks through H1 or H4 candle closes above 3345 we will continue to buy and look at 3380.
#XAUUSD
Gold is still on parallel channel and holding the Range area 3325-3345.
Although we took 2 buy trades at 3330 zone and 450 pips tp hit.
What possible scenario we have?
Bearish scanario:
If 3320 breaks and candle closes below then keep focus on 3280-3290 target.
Bullish scanario
if gold breaks through H1 or H4 candle closes above 3345 we will continue to buy and look at 3380.
#XAUUSD
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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.
Related publications
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.