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XAUUSD is back to its inherent uptrend. Currently trading in a wide range. Shaped by CPI news last week. Trendline is still supporting Gold price towards 3400 next week. Pay attention to the important zone 3373 to DCA BUY and do not SELL when breaking this important zone 3373. Effective trading strategy is to wait for Gold to correct and buy.
📉 Key Levels
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📉 Key Levels
- Support: 3343 - 3322
- Resistance: 3373-3400
- Buy Trigger: Rejects the support zone 3343 and reacts to the upside
- Buy Trigger: Rebound from 3322
- Target 3400
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Trade active
Price has reacted at the support zone 3343 and is heading towards the first Target around 3375Trade closed: target reached
BUY Trigger rejects the support zone 3343 + 200 pipsNote
Hit FULL TP 3400 for this BUY StrategyNote
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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.
Join me to get Trading signals, Trading knowledge
☘️My Telegram Channel: t.me/VHTraderFX
☘️Contact: t.me/VHTTrader
☘️My Telegram Channel: t.me/VHTraderFX
☘️Contact: t.me/VHTTrader
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.