XAUUSD escaped from the grasping paws of bears

  • Oct 14 2021
  • by
  • Analyst AZA
XAUUSD escaped from the grasping paws of bears

XAUUSD escaped from the grasping paws of bears

The Gold rate fell and then soared sharply to new heights. The price skyrocketed in value by over 3000 pips in a few minutes. And this growing trend is not over yet. We will join the bulls if the price breaks the 1797.00 level which is slightly above the last fractal. The price has a 1000 pips power reserve to the next resistance level.

Symbol: XAUUSD
Order Type: Pending Order - Buy Stop
Entry Price at 1797.00
Take Profit at 1807.00
Pips Earning: 1000

Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1590
USDJPY sell at the price of 111.50
GBPUSD buy at the price of 1.3660
USDCHF sell at the price of 0.9250

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The profit can be $1000.00 if the trading volume of 100 Tr. Oz.
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