DJW1998

XAUUSD - 1H CHART ANALYSIS ( POTENTIAL BUY )

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi everyone,

Please see my XAUUSD chart analysis which has a potential buy opportunity coming into play.

As we can see the price rose up and came to support and then broke through and the price is now using that as resistance and is struggling to break through.

We have some bullish momentum going at the minute so wait for a close above the resistance area at around 1861 and then enter a buy trade looking for the area of 1870.

Happy Trading.

DWFX
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