GOLD - Broken 1745 resistance, buying a re-test

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold is Bullish - We look to Buy at 1745

▪️ Previous resistance level of 1745 broken.
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ A mild correction has been posted from yesterday’s high, this is seen as a retest of the breakout level.
▪️ A bullish reverse Head and Shoulders has formed.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1745, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.

Stop: 1731
Target1: 1819
Target2: 1839
FREE Telegram Group -
Premium Membership -


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out