bestfarbit74

possible upward pressure for short term

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
price broke the downward local channel also closed above the key level

that is the baseline on my chart.

the strategy is so easy, above the baseline has more chance for short term rise.

the target would be between 1860$ and 1870$. however if price close below

the baseline increase the chance of more decline to next level of support line.

this strategy will invalidate if the price closed below baseline.



Enjoy the market

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