For a long time I didn't pay any attention to this asset at all, it seemed to me that it was too complicated and that I wouldn't be able to see any prospects due to it. But then there was a period when I didn't see any prospects in other assets, and I decided to use it. I started with a demo, and I started to find strong levels. I would be impressed with that. And I soon decided to try it in active work. But before that, of course, there was a certain way, in the process of which I picked up indicators, experimented with settings, for me it was quite a long way. But when I saw that my statistics became strong, I realized that it was time to move on to real work. And now I can say that it really makes sense...
GOLD Update (Daily TF)
We had a triangle until last week’s breakout, but it failed to break below the large WICK. What it does is a small range on lower time-frame. If price break-below, i’ll be looking for a retest to trade this & if the price goes to the perfect retest area, we need to wait for the structure change on lower TF to take a trade from there.
Bounced from a local support at 1867 and currently I can see the target of 1920 for XAUUSD + it is pretty good oversold right now. {image}
Ignored
I agree it is heading up, but don't be surprised that it drops through support first. I'm already long but do expect to have hold through support. like through 1856 ish.
