eL-Professor

Gold Weekly analysis and trading opportunities

Long
FX:XAUUSD   None
Crossing above 1795.00 will confirm the buy
our 1st target will be at Daily descending trend
2nd target will be @1860

2nd scenario : price will push into the weekly ascending trnd line (purple color) before taking the jump up

Recommending to wait for the confirmation above 1795 and be careful near important levels of the possible reversal

Overall I will not look for short positions in this pairs unless the weekly trend breakout happened

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