OANDA:XAUUSD   Gold Spot / U.S. Dollar

Hello traders , What are you thinking for GOLD ?

I strongly believe we are somewhere in the middle now .

Be careful , before you open any trade . Buy it will be considered if the price continue higher than 2052 after retest .
The above mention price is considered as pivot and it’s also 200 EMA . Possible scenario will be for buy above 2052 - taking into consideration the divergence is bullish .

For any reason , If the price decline 2052 , then we can consider to open sell position .

For buy the price can go up to any specific level of Resistance level .
For sell the price can go up to support zone .

If this post was helpful for you , please share your comments and like . Thank you .


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