XAUUSD long positon detailed analysis and possible trade setup.

4 jun 2020

IF price successfully retests this 1701 zone and has a clean rejection, price seems to be pushing past our 9 & 21 MA, RSI is bullish, we can see some possible upside. Here is a possible trade idea. waiting for further confirmation BEFORE entering this trade.

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Always remember to move your trade to break even when in profits, its better to be a break even trader than a losing trader.

Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions

4 jun 2020

Nota

TP1 Smashed

5 jun 2020

Nota

tp2 hit, trade hit trailing stop for 3rd position