melikatrader94

xauusd (gold)---> two long positions

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
hello guys...

xauusd is in a bullish trend, why?

  • the cup and handle pattern

  • there is an ascending channel and breaking up that once

  • a hunting level on the opposite side (the green area)

  • breaking up the last higher high


now, what we should do?!

in my opinion, there are two scenarios,

the first one is to get a long position after the price breaking up the handle

the second one is when the price retraces to the green area and then get a long position, it up to you!


____________________________


always do your research.

If you have any questions, you can write them in the comments below, and I will answer them.

And please don't forget to support this idea with your likes and comment

👉👉👉 my recommended broker: bit.ly/melika-HYCM

offer 100% bonus (the maximum is 100$)
----------

👉👉👉 my recommended exchange:

bingx.com/invite/2DJQDG


________

🚀🚀My telegram channel:

🥇 t.me/melikatrader94
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.