DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Thursday, August 26, 2021

GOLD Swing Trade Idea and Setup

GOLD Swing Trade Idea and Setup

Gold / U.S. Dollar FOREXCOM:XAUUSD

I usually use the AUD strength as a directional bias for Gold . I am anticipating price to be in replica on XAUUSD too. I am waiting for a rejection in the golden area of the Fibonacci. When all confluences line up, take short entries and target the -61 extension. Depending on price momentum, I may target the 1750 key area for Take Profit.

*Disclaimer*
This is not financial advice. Forex trading is a risky business. Exercise proper risk management.
#TradeLikeMagnatrio



from TradingView Ideas https://ift.tt/38gmO8i
via gqrds

No comments: