$XAU Long / Buy the dip
Why Long:
Support zone + Oversold after big dump. Price dropped -2.62% fast, expecting bounce.
Plan:
Entry: 4170-4175
Stoploss: 4060
Target 1: 4190 (small bounce - book 50%)
Target 2: 4305 (main target)
Risk:
SL is 110$ away, TP1 is only 20$ away. So move to breakeven after TP1.
Don't take if 4150 breaks with big red candle.
#square #XAU #price #update #Altcoins
Why Long:
Support zone + Oversold after big dump. Price dropped -2.62% fast, expecting bounce.
Plan:
Entry: 4170-4175
Stoploss: 4060
Target 1: 4190 (small bounce - book 50%)
Target 2: 4305 (main target)
Risk:
SL is 110$ away, TP1 is only 20$ away. So move to breakeven after TP1.
Don't take if 4150 breaks with big red candle.
#square #XAU #price #update #Altcoins