XAUUSD GOLD - Potential Long move - on retest of dynamic support

Hello all

I am expecting gold to start cycling higher based on a risk on sentiment in the coming days.

Technically, the downwards trendline was broken, it started to cycle higher before rolling over to head back to what was dynamic resistance to where it currently is which could become support.

If I see any engulfing bullish candles at this area and then a cycle higher, I will be entering long

Thanks for looking

Duncanforex.com coming soon.

Zlecenie aktywne:

Hi all, after a complete retrace to my entry point, it finally has gained same progress long, this will be one to hold for the next week at least.
I have two entries at 1277.90, stops were at 1272 and now at entry points

Zlecenie aktywne:

Trade is live and going well - I do expect a retrace at this level of 1298 however after some consolidation, I do expect another leg higher as it will close on the weekly chart very bullish

Zlecenie aktywne:

Gold going well. Currently at 1324 with stops at 1319. Keeping one stop lower however keeping a fairly tight stop on one entry. Currently running with 460 pips each trade. 6 to 1 risk vs reward on each

Transakcja zamknięta: osiągnięto wyznaczony cel:

Targets reached - I'm very happy with this trade