Don't miss the great buy opportunity in XAUUSD

FX:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1494.30). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.

Take Profits:
TP1= @ 1516.75
TP2= @ 1535.95
TP3= @ 1556.00

SL= Break below S2
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thanks for such a valuable opportunity in XAUUSD.
+4 Reply
@fxniki, You got it.
+2 Reply
@fxniki, You got it.
+2 Reply
Will this happen today?
+4 Reply
ForecastCity AHappyTeddyBear5164
@AHappyTeddyBear5164,No, it won't. It will not happen in a day. The time frame is Daily.
+2 Reply
@ForecastCity, ahh I see. I currently got two trades open at 0.15 at 1518.07 so hoping it'll go up tonight once it opens (GMT Time)
+1 Reply
I enjoyed this opportunity to buy in Gold very much.
+3 Reply
ForecastCity Best_Forecast
@Best_Forecast, We are so happy you enjoyed it.
+2 Reply
Do you think the market has further down momentum when the market opens tonight.. currently sitting at 1517 worried it may drop further first sl on my buys 1516
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