June 05, 2025
Trade ideas
XAUUSD, H4
On the H4, XAUUSD broke the trendline of the descending channel, retested it, and continued to rise. BOS occurred, and the price reached the critical level of 3400. At the same time, the Tenkan crossed the Kijun and the price exited the cloud.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
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