ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor XAU/USD Long-Term Trend: Bullish
Key Resistance Levels: 1830.10, 1844.49, 1845,00.
Key Support Levels: 1806.27, 1764.57, 1764,00.
Daily Chart:
The price on the higher time frame failed to break a strong support level around the 1764.57 USD mark which led to a reversal and a move higher. The market is posting higher highs and lows showing that we are in a clear uptrend.
XAU/USD Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the price is traded inside a bullish flag formation. A lower correction could be seen to the 50 % Fibonacci retracement level which signals an end of the correction before a new impulsive wave to the upside.
Signal Idea:
Buy Limit Order @ 1806.97
TP 1 @ 1829.55
TP 2 @ 1844.49
Stop Loss @ 1800.82
Trade Safely 🙂
Sorry
please, but its the secound position, which was not trigered by my broker(xm) shoul i set better buy stop ? thanks a lot for answearing😇