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ECONOMIC CALENDER; 30 JULY-3 AUG.

 

XAUUSD: TAKE A SHOWER ON GOLDEN DRIZZLE.-BULLISH.

The XAUUSD hitting the lower limit of a strong parallel supports. I’m expecting the price will jump-off from there. In the chart from way back, the signals moved evenly in sideways. At 1304.277, the market got broke out and turned the trend towards down. After a change in trend, the chart printed an impulse to catalyze the conversion process. In a 4hr time scale, the price range hanging at 1263.182. The market formed an impulse and its correction in a constant manner. From here the market may move in two ways. It may form another direct and steady impulse to top. or else it will form a small correction to gain the potential for a jump. In that scenario, the signal forms a correction to stabilize the movement and then it will form an impulse to reach the top. In case the signals continued to travel as a correction means, end the trade at 1252.760. SIGNAL SPECIFICATION: Pair: XAUUSD Order: BUY Entry: 1263.182 Pending Entry: 1259.311 Take profit: 1284.098 Stop loss: 1252.760 Risk Vs Reward: 2.01 ———————————————————————- Our Unique Features: 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! […]


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