Roey_

gold trading strategy

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Today it started to rise after backtesting the support of 1961. Now it faces the resistance of 1974 and is trying to break through. From a morphological point of view, the probability of breakthrough is greater, so the transaction should be to fall back and go long (1971, 1969, 1966), with the target set at 1979, 1984, 1987.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.