cchris2784

Trading in the direction

Long
cchris2784 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I just a just a beginner but would like feed back on ideas. I see an uptrend on the hourly from 2009 and on the daily up to 2070. I believe that gold will keep going up until 2050 and then struggle to break resistance. If it breaks above 2050 - 2060 then it will try to head around the 2070 mark. This is base on if trade respecting the 200 EMA. I am using Delorean method with the 200 ema filter. I see hitting around 2025 - 2028 and going up. Market is always uncertain so trade with caution.
Comment:
went down to around 2020 and back up. lets see if it will break above 2030 - 2035 section.
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