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Molsonex17

BULLISH SETUP IN 1H CHART

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Molsonex17 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators midterm reversalpattern Technical Analysis Gold goldidea LONG Bullish Patterns
7
7
trendanalysis chartpattern indicator midterm reversalpattern technicalanalysis gold goldidea long bullish
- The chart will do a reversal because it hits the weekly trendline, like the 4th of febuary and the 30th of november.
-200 EMA in will act like a magnet .
- Forming a <<W>> pattern.
-MACD and RSI are sets for a reversal.

Buy: 1795
Stop:1785 maybe less
TP 1: 1819
TP 2: 1858

What you think? Let me know.

Good trade!
Comment:
Also, double bottom pattern bullish
Trade active
Comment:
Took the trade too early.. But i'm still waiting for a reversal pattern in h1/h4 to go long .
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