FOLLOW_PIPS

XAUUSD - SWING TRADE IDEA

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis

Please use STOP LOSS and don’t risk more than 2% of your total account

⏳ 8 HTF analysis

Trading with a bullish channel formation -

The drop is going on since Aug 2020 and its seems like that this is a calm before another leg up in a continuing bull market.

Now we may or may not - have a large bearish wick between

This is not a financial advise and market can change course at any given point - risk only what your account can handle

NOTE - : A correction is possible with plenty of room to move lowed without impacting the trend higher -


Buy at dips

📒 Retracement to support area
📒 Analysis / Trade Setup / Long and then short
± Short-term Bearish # Long term-Bullish
± Support and Resistance in play
± Major Falling broken
± Bullish trend reversal
± Go long for more pips

± HAPPY TRADING
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