SwissPips

GOLD: what to expect next week ?

SwissPips Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey guys,

Gold has been a nice winner this week and I am expecting the bullish move to continue.

After the rise that we have had, it is likely that it's now consolidating a little bit before going up again.

I am waiting for a clear setup to form on H4/H1/M15. As soon as I have a breakout I will buy it and target the median line.

The pair is above all KUMO clouds on H4/H1/M15 indicating it's bullish.

==> A stop loss can be set below the structure which will form.

I will go into details next week in case I take the trade.

Please like/comment my ideas if you appreciate my work.

Cheers,

Jesse
Comment:
Gold broke its structure to the upside!

Targeting 1713
Comment:
Trade closed: target reached:
Boom !
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