Pipstarr

XAUUSD long idea analysis

Long
Pipstarr Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi traders,

Have a look at my analysis of the almighty Gold. As small traders, we do not know where the market is heading to but we can draw a few trendlines and levels to see where the supply and demand areas are.

Good luck and trade safe.
Comment:

A possible reversal has taken place a little earlier than expected. We need a second weekly green candle close to reach target 1986. Let's go.
Comment:

Daily close above weekly resistance, we will fly to 1986.

2x positions running 5 lot each from 1885.
Comment:
Trade closed: target reached
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.