Hi traders!
Following the other great entries of last week... here is a new one!
We can see here (and on other charts) that the USD is losing momentum recently. We are floating above our long term symmetrical triangle which is bullish for this pair. It is not as evident in this chart but the RSI and MACD on XAGUSD is showing us that a big bull run is in the works... and those 2 pairs run together!
Here's what I'm thinking :
XAUUSD LONG
ENTRY : 1336.19
SL : 1328.57
TP : 1388.01
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Following the other great entries of last week... here is a new one!
We can see here (and on other charts) that the USD is losing momentum recently. We are floating above our long term symmetrical triangle which is bullish for this pair. It is not as evident in this chart but the RSI and MACD on XAGUSD is showing us that a big bull run is in the works... and those 2 pairs run together!
Here's what I'm thinking :
XAUUSD LONG
ENTRY : 1336.19
SL : 1328.57
TP : 1388.01
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.