ForecastCity

💡Don't miss the great buy opportunity in XAUUSD

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1851.58).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 71.

Take Profits:
TP1= @ 1877.50
TP2= @ 1887.81
TP3= @ 1902.33
TP4= @ 1928.23
TP5= @ 1960.00

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

I found it an interesting idea 💐
+2 Reply
ForecastCity Kristalyn
@Kristalyn, Thanks for your nice comment 🌹
Reply
Great idea, very useful. thanks
+1 Reply
@Lizabet, You're very welcome!
Reply
Good job! You are great as always! Clean analysis.
+1 Reply
ForecastCity carefulOwl22772
@carefulOwl22772,  Thank you for your comment. We appreciate it 🌹
Reply
Can I still buy gold now ?
Reply
ForecastCity sudharrshen5122
@sudharrshen5122, Please read the trading suggestion above. Thanks 🌹
Reply
ForecastCity CoinPlusTrader
Reply
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