XAUUSD: Oscillation can challenge the Sellers’.



XAUUSD upward slanting trend ready to challenge the Sellers’. In a daily time-frame, If the pair raise after the 1247.65 may highlight the price ranges 1259.70 & 1270.55. However, the1280.98 resistance-zone may confine the pair’s further upside. In this case, the 1280.98 will be the next target for the price range.

On the contrary, decline after the 1230.64 might target the one-month-old low 1191.53 if it reversed from the current trend the support-zone has to tackle 1191.53 Or else, end the trade @ 1191.53.

Signal Specification


Entry: 1247.65

Tp: 1280.98

Sl: 1191.53

P.Buy: 1230.64

R/R: 1.29

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Trade signals would usually have a risk to reward ratio of 1:2.
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Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

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11 Dec 2018 6:18 pm Posted by admin