ForecastCity
Long

Don't miss the great buy opportunity in Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1279.00). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.

Take Profits:
TP1= @ 1288.15
TP2= @ 1292.95
TP3= @ 1303.25

SL= @ 1275.80
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Thanks for sharing a valuable opportunity in Gold.
+1 Reply
@fxniki, You're welcome.
Thanks for your comment!
+1 Reply
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