Update on yesterday's trade setup
Gold OANDA:XAUUSD
XAUUSD invalidated my OTE at 3354 price level. Making it a deeper retracement in my view. 3319 is still my favorable entry level for huge bullish momentum. Should today's fluctuations break the current high at 3375 I'll reserve and call it a day. For selling points I'm looking at 3364 and pipettes. Should it replace from here and not touch this point of price I'll look for area of potential retracement and see if it sweeps the short term low aggressively. My stops being a near high at 3371and pipettes. Holding this for a Max and partially paying yourself .
NB : not a financial idea 💡
Previous fluctuations do not subsequently have an effect on present fluctuations!
Happy 😊 trading 💹
source https://www.tradingview.com/chart/XAUUSD/YlgcXkyR-Update-on-yesterday-s-trade-setup/
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