๐กDon't miss the great buy opportunity in XAUUSD (GOLD)
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1697.6).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAUUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 1723.6
TP2= @ 1745.1
TP3= @ 1763.5
TP4= @ 1785.1
TP5= @ 1809.9
SL= Break below S2
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ForecastCity English Support Team โค๏ธ
". There is a possibility of temporary retracement to the suggested support line (1697.6).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAUUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 1723.6
TP2= @ 1745.1
TP3= @ 1763.5
TP4= @ 1785.1
TP5= @ 1809.9
SL= Break below S2
โค๏ธ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ๐ LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
โค๏ธ Your support is very much ๐ appreciated!โค๏ธ
๐ Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ
ืขืกืงื ืคืขืืื:
21529 pips profit...
Total Profit: 21529
Closed trade(s): 15032 Profit
Open trade(s): 6497 Profit
Update Details:
Closed Profit:
TP1= @ 1723.6 touched at 07.27.2022 with 688 Profit.
TP2= @ 1745.1 touched at 07.28.2022 with 2838 Profit.
TP3= @ 1763.5 touched at 07.29.2022 with 4678 Profit.
TP4= @ 1785.1 touched at 08.02.2022 with 6828 Profit.
688 + 2838 + 4678 + 6828 = 15032
Open Profit:
Profit for one trade is 1780(current price) - 1716(open price) = 6497
1 trade(s) still open, therefore total profit for open trade(s) is 6497 x 1 = 6497
All SLs moved to Break-even point.
Take Profit:
TP5= @ 1809.9
Total Profit: 21529
Closed trade(s): 15032 Profit
Open trade(s): 6497 Profit
Update Details:
Closed Profit:
TP1= @ 1723.6 touched at 07.27.2022 with 688 Profit.
TP2= @ 1745.1 touched at 07.28.2022 with 2838 Profit.
TP3= @ 1763.5 touched at 07.29.2022 with 4678 Profit.
TP4= @ 1785.1 touched at 08.02.2022 with 6828 Profit.
688 + 2838 + 4678 + 6828 = 15032
Open Profit:
Profit for one trade is 1780(current price) - 1716(open price) = 6497
1 trade(s) still open, therefore total profit for open trade(s) is 6497 x 1 = 6497
All SLs moved to Break-even point.
Take Profit:
TP5= @ 1809.9
