XAUUSD LONG
Because XAUUSD tends to range in the day, one of the easiest strategies is to identify buy or sell opportunities within previous highs and lows for the higher timeframes, and look for execution orders on the lower timeframes.
Traders can open a position on gold when the confluence for an uptrend on the lower timeframes occur, for example, on the 15Mins chart, target a previous high as their sell price, or vice versa.
Pair: XAUUSD
Type: BUY by Market limit
Entry price: 1837.536 sits ABOVE a KEY LEVEL and around the previous Support area.
More safe entry price: 1940 If price continues to break past this Entry LEVEL, and continues to retrace to the support level before returning into trend, the Long potential could reach the previous Resistance
Time Frame: 15Mins
Date/Time Called: (24/05/22 Sunday; 22:30 EAT)
SL Range: 1928.47
TP 1: 1943-44
Traders can open a position on gold when the confluence for an uptrend on the lower timeframes occur, for example, on the 15Mins chart, target a previous high as their sell price, or vice versa.
Pair: XAUUSD
Type: BUY by Market limit
Entry price: 1837.536 sits ABOVE a KEY LEVEL and around the previous Support area.
More safe entry price: 1940 If price continues to break past this Entry LEVEL, and continues to retrace to the support level before returning into trend, the Long potential could reach the previous Resistance
Time Frame: 15Mins
Date/Time Called: (24/05/22 Sunday; 22:30 EAT)
SL Range: 1928.47
TP 1: 1943-44
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