Long XAUUSD off support — defined risk swing trade
Going long $XAUUSD on the pullback to support. Risk defined below. Real yields rolling over is the macro tailwind.
Going long $XAUUSD on the pullback to support. Risk defined below. Real yields rolling over is the macro tailwind.
Gold ($XAUUSD) printing fresh ATHs. Real yields falling + central bank buying is the narrative. I am still long but trailing my stop aggressively.
Saw $EURUSD hit 1.0700 again today. Seems like a key psychological level it's struggling to break definitively. We've seen rejection there a few times this month. Is this a potential short setup or just accumulation before a push higher? Looking for broader thoughts.
$SOL is retesting the $130 level, which has acted as strong support in the past. Looking for a bounce here with good volume confirmation. MACD also showing signs of bullish divergence on the 4H chart. Potential for a quick scalp back to prior resistance.