Gold Long Trade Idea for OANDA:XAUUSD by FalakTrader

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trendanalysis supportandresistance trendline

Gold has had a pull back and a good time to enter gold in my opinion as we have seen it bounce off the trend line and bounced off a level of support/resistance . "Be fearful when others are being greedy, be greedy when others are being fearful" Warren Buffett.

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Comments

Nice! but will gold reach 1800 levels before dropping? we shall see!🤔

My Gold entry stands at 1717.80

SL: 1704
TP: 1800 (Can do 1750) to be safe.

Gold will finish this week on a high. Next week, there may be potential for sale. That’s if, the Coronavirus fears on the economy calm down a little bit.

was your sl hit

Would think there might be a pullback at 1750.

Looks good mate :)