XAUUSD gold set up for the foreseeable
Gold has been ranging between 1500 and 1528 since Tuesday.
This period has presented lots of entry opportunities both to buy and sell (highlighted using the ellipse). I found this tool applied with the stochastic a strong indicator and conformation of good entry points.
As for next week I have a buy and sell limit in place and will keep looking for good entries!
Again as a reminder to myself USE CORRECT RISK MANAGEMENT!!!
As always I (we are learning!) Would love to hear your thoughts and share ideas!
Good luck and enjoy the weekend!
This period has presented lots of entry opportunities both to buy and sell (highlighted using the ellipse). I found this tool applied with the stochastic a strong indicator and conformation of good entry points.
As for next week I have a buy and sell limit in place and will keep looking for good entries!
Again as a reminder to myself USE CORRECT RISK MANAGEMENT!!!
As always I (we are learning!) Would love to hear your thoughts and share ideas!
Good luck and enjoy the weekend!
Daily buy zone is now been used as resistance.