XAUUSD: Trade Setup For A Move Higher
Photo by Dmitry Demidko on Unsplash
The XAUUSD chart below clearly shows a bounce higher from the grey demand zone bullish order block. After a clear bounce higher I posted the chart below on social media @AidanFX on May 28 2025 to buy on the retrace/correction lower. Price tapped the purple demand zone bullish order block where I entered the BUY trade and expecting gold to push higher towards the April 22 2025 high and hit the 5R Target at 3504.05.
XAUUSD 4 Hour Chart May 28 2025
A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup.
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