XAUUSD is near the Liquidity Area 3337-3344, if 1H time frame candle closes above this area then on the confirmation of RSI, you can go for Buy Trade setup with the following Targets:-
TP1 at 3354
TP2 at 3359
TP3 at 3365
TP4 at 3375 (By Trailing Stop Loss)
But if it pullback from the are then you can place a Sell Trade below 3333 with the following Targets:-
TP1@3319
TP2@3293
TP3@3275 (by trailing stop loss)
Always wait for proper confirmation before you plan your trades...
This setup is for educational purposes...
Do your own research before trading in Gold, we are not responsible for your loss...
TP1 at 3354
TP2 at 3359
TP3 at 3365
TP4 at 3375 (By Trailing Stop Loss)
But if it pullback from the are then you can place a Sell Trade below 3333 with the following Targets:-
TP1@3319
TP2@3293
TP3@3275 (by trailing stop loss)
Always wait for proper confirmation before you plan your trades...
This setup is for educational purposes...
Do your own research before trading in Gold, we are not responsible for your loss...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.