Before you continue, we want to make sure you understand that this is a past trade idea found inside The Price Action Club which is a premium Price Action trade signal service. This post is 1 week delayed and this idea is no longer valid but the lesson is still valid. We post this to show you what is inside the Price Action Club. It would be awesome if you join us to learn and to trade our trade ideas. We hope to see you inside the Price Action Club soon. Click here to join us... [thrive_link color='green' link='https://www.forexstrategieswork.com/the-price-action-club/' target='_blank' size='big' align='aligncenter']Join The Price Action Club Here...[/thrive_link]

XAUUSD or Gold had been choppy for the last 5/6 trading days. However, last Friday the price took a move towards the upside and made a new higher high. The price now has been on correction. There is a good chance that XAUUSD/Gold would offer a long entry once the correction is completed at the right level. Let us have a look at the H4 XAUUSD/Gold chart….

• Buy Limit Price: 1259.25
• Stop Loss Level: 1253.00
• Take Profit Target: 1275.40
• Validity: 24 hours
• Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

As the chart shows that, there is another level above the recommended level, which has the potential to be a flip over support as well. The price might start reacting from there. However, it is best to wait for the price to come at the recommended level shown on this trade setup. This is when buyers will get more reward than the risk. Moreover, the chance of winning the trade gets much higher as well. You can also take a look at our previous (and most likely profitable) Free Forex Trading Signals Here. We hope that you enjoy our Free Forex Trading Signal today: EURGBP Price Action Analysis – 26th May 2017 [thrive_link color='green' link='https://www.forexstrategieswork.com/the-price-action-club/' target='_blank' size='big' align='aligncenter']Join The Price Action Club Here...[/thrive_link]