XAUUSD (Gold) buying zone trade idea
In my view, the gold will touch the last support level at the 2010. When you find any rejection candles or price rejections at the support area, you can place a buy trade.
Key Level:
Support: 2010
Resistance: 2044
Further, the selling will continue from the supply zone at 2044.
Trade setup;
Buy area: 2010
Stop loss: 2005 (50 pips)
Take Prpfit1: 2020
Take Prpfit2: 2030
Take Prpfit3: 2040
Take Prpfit5: 2044
In my view, the gold will touch the last support level at the 2010. When you find any rejection candles or price rejections at the support area, you can place a buy trade.
Key Level:
Support: 2010
Resistance: 2044
Further, the selling will continue from the supply zone at 2044.
Trade setup;
Buy area: 2010
Stop loss: 2005 (50 pips)
Take Prpfit1: 2020
Take Prpfit2: 2030
Take Prpfit3: 2040
Take Prpfit5: 2044