Lingrid

Lingrid | GOLD long after PULLBACK

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price perfectly fulfilled my last idea. It hit the TP. After hitting the target, the XAUUSD surged, moving towards the next key resistance zone. On the daily timeframe, the market broke above the previous highs, making all-time highs. I think it is the perfect scenario to buy pullbacks in a trending market. Overall, I expect a correction to the support level where impulse movement formed. If the market rolls back the support level or previous higher high and then rejects, then we can look for buying signals. My goal is the resistance zone around 2249.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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