Review of 26JAN2023 XAUUSD analysis
- InrexEA
- Jan 26, 2023
- 1 min read
Updated: Jan 27, 2023
Please take a look at the timing:
Gold prices have rapidly risen after hitting the bottom of the rising channel for several consecutive days, as shown more clearly on the daily chart. Let's see if today will be the same. If it fails, stick to the stop loss.
Strategy A: Buy limit. Support is around 1924. Buy and hold until resistance at about 1970. Stop loss at 1920.
If there are any changes, we will discuss in the Telegram group.
Please take a look at the timing:
Gold prices have rapidly risen after hitting the bottom of the rising channel for several consecutive days, as shown more clearly on the daily chart. Let's see if today will be the same. If it fails, stick to the stop loss.
Strategy A: Buy limit. Support is around 1924. Buy and hold until resistance at about 1970. Stop loss at 1920.
If there are any changes, we will discuss in the Telegram group.
Result: BINGO AGAIN
It was an excellent trade to catch a buy order in the 1919-1920 area and took profit in less than 15 mins. Entry at 1918-1920, Take profit at 1926.5.
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