XAUUSD ANALYSIS 29.02.2024
1) Gold has successfully broken the upper trendline, indicating a potential continuation of the uptrend.
2) My strategy is to focus on buying.
3) Remember the term "BREAKOUT - PULLBACK - ENTRY."
4) Now that the price has broken, we need to wait for a pullback before entering.
5) The boxed area marked is suitable for buying because it aligns with the trendline and also support and resistance levels (SnR).
2) My strategy is to focus on buying.
3) Remember the term "BREAKOUT - PULLBACK - ENTRY."
4) Now that the price has broken, we need to wait for a pullback before entering.
5) The boxed area marked is suitable for buying because it aligns with the trendline and also support and resistance levels (SnR).
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