Hello!

Welcome to another analysis of XAUUSD.
Price did not close below 1725 showing decline in selling pressure and strength of the bulls, signalling me to go long.

Market-BUY: 1728.20
Stop-Loss: 1721.20

Target: 1760

Stop-Loss: 47 pips
Risk: 1%

Risk-Reward: 6.70


What do you think?
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أغلقت الصفقة: تم الوصول للهدف
Resistance has proved strong. Exiting at that target.
Chart PatternsTrend AnalysisWave Analysis

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