OfficialYaMarkets

Gold up, Trump and his wife Melania tests COVID Positive

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold shot up after plunge in Asian session with a low 1889 just below previous resistance 1890 now turned to support. H4 currently trading inside ichimoku suggesting sideways trading going on with a support at ma50 1882.41 with resistance at 1913.05 or 136ma. Stochsastic, RSI and momentum picked up slowly and turned positive which shows upside target 1920 in coming sessions. Bullish view invalidates once it breaks h4 ma50 and close with one full candle. Till then one can be on buy side with every dip for upside said targets.
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