XAUUSD BUYS POTENTIAL 50-300 PIPS
So Sunday Market Open we saw price gap up a couple hundreds pips to the upside. Came back down & retraced back toward market open price around 1660ish and made another bullish rally until 1690 or so. Gold seems to not be slowly down so keeping up with the trend.
InTrAdAy Trade: Only entering this trade if my floor remains unbroken and holds as support level. Ideally looking for a bullish engulfing of some sort or dojis preferably. If I miss an entry I will have a buy stop @ 1660. TPs set respectively for 40, 55, 75 pips. Always leave a runner.
Long term trade: expecting price to remain bullish while trump is in office as well as news events keep affecting the overall price and “safe haven flow”. Decentralized banks project gold rallying to 1750 via Citibank (KenFxFreak Article).
InTrAdAy Trade: Only entering this trade if my floor remains unbroken and holds as support level. Ideally looking for a bullish engulfing of some sort or dojis preferably. If I miss an entry I will have a buy stop @ 1660. TPs set respectively for 40, 55, 75 pips. Always leave a runner.
Long term trade: expecting price to remain bullish while trump is in office as well as news events keep affecting the overall price and “safe haven flow”. Decentralized banks project gold rallying to 1750 via Citibank (KenFxFreak Article).
