ForecastCity

Don't miss the great buy opportunity in XAUUSD

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1693.48). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.

Take Profits:
TP1= @ 1710.95
TP2= @ 1721.87
TP3= @ 1739.50

SL= Break below S2
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Comments

worked like a charm
+5 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, We're glad you liked it.
+1 Reply
Nice one mate!
+2 Reply
ForecastCity hermit2015
@hermit2015, Thanks. we're glad you liked it.
+1 Reply
Hope for profit
+2 Reply
@farooq00, Thanks for your comment.
+1 Reply
excellent
+2 Reply
ForecastCity hamidmajd
@hamidmajd, we appreciate your support. 🙏
+2 Reply
Nice and simple
+2 Reply
ForecastCity Kristalyn
@Kristalyn, Thank you for your comment
+1 Reply
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