Vimhype

Update On Gold (Buy)

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
This week start have been fantastic, Gold last week has been dropping and close at 1920.9 after bouncing back from the swing range 1895.6. We are expecting gold to go up higher after retesting the daily trendline. Today after reaching the resistance level at 1930.86 the Metal have pullback to 1921.65 creating a higher low for momentum to push price high.

Bullish Target; 1930.86, 1934.7, 1945.4
Bearish Target; 1895.6

We are still aware of the Down movement of the Metal and will look for the opportunities to sell when available.


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