XAUUSD - buy opportunity with 3 TP levels and entry rule
The Gold has been rising from mid July and the price action is still forming Higher Highs and Higher Lows which indicates trend continuation.
If the price will reverse before reaching 1333 level, look for an entry signal to buy.
Entry signal for me is a bullish candle closed above highest point of last bearish candle.
TP1 is at level 1354
TP2 is at level 1364
TP3 is at level 1370
TP is based on Support / Resistance and my SL will be below the last higher low level.
Good luck
If the price will reverse before reaching 1333 level, look for an entry signal to buy.
Entry signal for me is a bullish candle closed above highest point of last bearish candle.
TP1 is at level 1354
TP2 is at level 1364
TP3 is at level 1370
TP is based on Support / Resistance and my SL will be below the last higher low level.
Good luck
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