GOLD - HEAD & SHOULDER - BUY
POTENTIAL TRADE: XAU/USD
I am looking to enter long on this currency pair for the following reasons:
- Head and Shoulder pattern formation.
- Bullish market structure on HTF.
- Buying a break-out of previous resistance.
- Trading with the overall trend.
- Previous resistance if broken will turn into support.
If you found this idea useful, leave a like and follow me for more analysis and trading signals.
If you have any questions, feel free to ask in the comment question. I respond to all comments!
You must always use correct risk management when following any analysis. I am not regulated!
This is just a trading idea!
Happy Trading!
I am looking to enter long on this currency pair for the following reasons:
- Head and Shoulder pattern formation.
- Bullish market structure on HTF.
- Buying a break-out of previous resistance.
- Trading with the overall trend.
- Previous resistance if broken will turn into support.
If you found this idea useful, leave a like and follow me for more analysis and trading signals.
If you have any questions, feel free to ask in the comment question. I respond to all comments!
You must always use correct risk management when following any analysis. I am not regulated!
This is just a trading idea!
Happy Trading!
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