Forex Trading For Beginners, XAUUSD ( GOLD ) Analysis

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Forex Trade
XAUUSD ( GOLD )
Analysis Number 1
12 October 2020
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Here is our forex analysis on this pair,
Right now the pair is struggling or is in consolidation, we will be looking for a clear setup if the pair decides to move to the downside soon.
For now just monitor price action.
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Forex trade entry will only be taken if all rules of our forex trading strategy will be met.
At the moment we will monitor price action at the marked zone,
Then we will look for an entry according to our forex trading analysis with proper Risk management, and with a good risk to reward ratio.
You can keep this pair's forex trading analysis on your watchlist and monitor it. If your forex trading rules and your strategy
align with the analysis made, only then you can decide to take your trades or not.
Have a good forex trading day everyone.

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Note : USE PROPER RISK MANAGEMENT.
: Use your own strategy and to reconfirm setups before taking any trades.
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Disclaimer -
Any information shared is intended for educational purposes only and does not give financial advice.
Forex trading involves great risk of financial loss. Only trade with money that you are prepared to lose.
Forex Trading, we take no responsibility for money made or lost by you. You must make your own financial decisions yourself.