mohammadsomeaneshin

I am more bullish on Gold

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
as we see the price formed a bullish structure and still bulls are on the market, on the other hand we cant see any retracement before its secondary bullish move, lets wait till price forms a new support below 1918, then if just one candle rejects its new support, i will search for entry point.

Fundamental views on this chart : today we have PPI m/m , its not making the price movement wild, but it can just form a new support area for us, lets see how the market goes.

* if price goes bullish before making a new support at the area we are expecting, just let it go. we miss it, dont worry
Trade closed: target reached

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