Xauaud (gold aud) AB=CD completes at the extreme range of a weekly Paralell channel and at a weekly support zone.
With the last candle closed for the week showing strong reversal, I am seeing Xauaud to be a good buy position.
With the last candle closed for the week showing strong reversal, I am seeing Xauaud to be a good buy position.
Note
Approx 250 pips
Note
Took Half Profits, Moved SL to A tad above Entry Level.Let this run..if it goes up, Great.
If it goes back down, I will be out of the trade, however, still made profits.
**If anyone read this, please do not take a trade on a Weekly Chart, it is only an analysis to view of a potential direction.**
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Current @ 1586.124Note
T1 Hit! 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.