NB|USE PROPER RISK MANAGEMENT
ENTRY PRICE:1712(Buy limit)
STOPLOSS:1697
TAKE PROFIT:1740/1758/1800
XAUUSD has been on a downtrend since April, it previously tested its S/R $1800 and rejected to the down side to 1697. XAUUSD has found itself in a range pool of (1800-1697), there wasn’t enough strength to continue the downtrend. I am anticipating price to push back up to $1800 before we can see a continuation of the downtrend trend. let’s get ready for the swing yeah!?
ENTRY PRICE:1712(Buy limit)
STOPLOSS:1697
TAKE PROFIT:1740/1758/1800
XAUUSD has been on a downtrend since April, it previously tested its S/R $1800 and rejected to the down side to 1697. XAUUSD has found itself in a range pool of (1800-1697), there wasn’t enough strength to continue the downtrend. I am anticipating price to push back up to $1800 before we can see a continuation of the downtrend trend. let’s get ready for the swing yeah!?