FXCM

XAUUSD Back on Bullish Trend | 30 April 2020

Long
FXCM Broker Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD is back on bullish trend after a false double top pattern, we have found the bullish trend by RSI ascending trendline, Parabolic Sars as well as MACD. The final concern here is the bearish trendline in the chart. We are waiting for price to break out of the trendline where the 76.4% fibonacci retracement lies !

Entry: 1728.39
Sl:1718.78
Target:1775.49
Comment:
Order cancelled:
Order cancelled: Price dropped respecting the bearish trendline instead!

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