OANDA:XAUUSD   Gold Spot / U.S. Dollar
Following my last post. The break out to the upside has now been confirmed. We have seen a nice gap up of around 10$ on open. Some resistance sits around 1923-1930 area. Wait for the next descent pull back.... keep in mind that the gap might need to be filled and we could potentially dive down to 1900-1895 area again before sky rocketing to the 1960 zone. Trade safe guys and be patient. Take profit when you can and try hold onto some trades to ride all the way to 2065$ and higher.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.