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Gold potential buy zones

by Saqib I, February 17, 2023

XAU/USD H4 vol/wav

by Saqib Iqbal February 17, 2023

2
Share

XAU/USD

|

Long

|

H4

Timeframe:

H4

Analysis Method:

vol/wav

Analysis:

The gold bears are not stopping anywhere. Still the 20-SMA attracts a pullback. We can expect another pulback towards 20-SMA around 1840. So go to buy at 1825 with a target of 1840. Turning above 1852 will be a potential bullish reversa

Trade Plan:

buy now

Risk Management:

1%

Things To Watch For:

1820 for bullish invalidation

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