Investing_Fellow

Gold: Bouncing on Support

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Potential bullish bounce pattern for Gold.
The buy zone is set where the two resistances cross ($1551).

Target levels are:
$1559
$1562

Stop:
$1548.7


Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.



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.