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EliteTradingSignals

GOLD LONG FROM SUPPORT

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
EliteTradingSignals  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gold long buy trading bullish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

The BB lower band is nearby so GOLD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1942.134.

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