the5erstrading

Quasimodo Level GOLD 29/07/18

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
For the intraday terms the GOLD seems to be bullish,

As it looks the price tends to reach the resistance above, 

If the price retrace the demand below before reaches the resistance,

It will be a great opportunity for buy position with the resistance above

As a target, the demand below is also Quasimodo level, usually, it's a 

Reliable and strong pattern.

The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
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.