XAUUSD Long Term View

1860 level is holding for a loong time now. But price keeps pushing into it and may eventually break it. If the level is violated the target will be 1750 level which is the next support.

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Feel free to post your ideas and questions at the comments section.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.

코멘트:

Price is consolidating after the first breakout. Next breakout will take the price to the target of the analysis which is 1750 level.