ForecastCity

💡 Don't miss the great buy opportunity in Gold (XAUUSD)

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1842.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. Gold ( 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 70.

Take Profits:
TP1= @ 1869.39
TP2= @ 1883.00
TP3= @ 1898.50
TP4= @ 1930.00
TP5= @ 1965.30

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Thanks for this Golden Forecast. :)
+2 Reply
@Lizabet, You're more than welcome! :) We wish you all the best with your trades.📈
Reply
THX FOR YOUR TIME AND ANALYSIS.
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome!
We appreciate your support.
Reply
RIGHT! It's a unique forecast. 👍
+1 Reply
@Kamryn, Thank you for your comment. We appreciate it and wish you the best of luck.
Reply
It's very helpful. Cheers 👍
+1 Reply
ForecastCity Kristalyn
@Kristalyn, Cheers 👍
Reply
It's a nice technical analysis. keep up professional charting.
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, You're welcome! We're glad you liked it.
Reply
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