Gold / XAUUSD 4H Long opportunity

1. We can get long trade from 1293.50
If price breakup channel and close
above resistance (red) line.
Targets are :
TP1 : 1307.62
TP2 : 1320.20
TP3 : 1339.77
Stop lose : 1283.50
2. Or we can long (buy) from 1280.50
Targets are :
TP1 : 1307.62
TP2 : 1320.20
TP3 : 1339.77
Stop lose : 1275
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .

To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >

Komentarz:

TP1 reached at 1307.62