theforexcommunity

Update from previous XAUUSD setup

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
So if you look at the previous chart we ran through our first TP at 1660 and ended up stopping at 1689 again which was previous highs before consolidating on the 1hr chart and rejecting down to 1642 due to fundamentals. From the setup you can see the the 11year high of 1700 is still inbound!
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.