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GOLD (XAUUSD) Important Breakout! Where to Buy?!

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
VasilyTrader  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold futures Metals XAUUSD swing priceaction fundamental-analysis
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trendanalysis chartpattern waveanalysis gold futures metals xauusd swing priceaction fundamental-analysis
snapshot

Confirmed and strong violation of a major falling trend line on gold this week.
Now the price is trading above a major horizontal structure and the above-mentioned trend line .

It is a very strong bullish clue and now bullish continuation is expected.

If you missed a long trade, I would recommend looking for a retest of a blue demand area.
It is the safest spot to buy from.
Just wait for a certain intraday confirmation before you open a position.

Next goal - 1920
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Comments

VasilyTrader
Are you also bullish on gold?
Reply