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Sphinx_Trading

XAUUSD: Reached 1900 Demand Long opportunity +400 pips

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Sphinx_Trading Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Fundamental Analysis Beyond Technical Analysis
41
5
chartpattern fundamental beyondta
- Price finally reached 1900.0 Strong demand zone After dropping from 1950 levels with a srong bearish move forming an imbalance at 1950.0 levels.
- We can observe some bullish entrance from 1900 levels.
- Liquidity has been built above 1938.0.
- We may have a bullish move to 1950.0 with GDP News today.
Order cancelled:
- News comes positive for USD..
- Waiting for another confirmation
Comment:
- 1h closure at 1910.0.
- A good confirmation for a big bullish move.
- Waiting for a 4h closure above 1910.0
Comment:
- A very bullish price action formed at 1900.0 demand zone.
- 1h closure above 1910.0 will be a good confirmation to buy.
Comment:
- 1h closure at 1915.0 minor supply.
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