UnderstandForex

XAUUSD - BUY POSITION

Long
UnderstandForex Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
We are looking for a BUY on XAUUSD tonight.

There might be two scenarios that play out, we are prepared for either.

First scenario is what we charted. Second is below.

Second Scenario:

Important prices tonight:
- 2378.55
- 2366.57

🧠 Helpful Tip: Remember to keep your stops small and profits large.
Comment:
Looks to be heading towards the downside initially. Lets wait with our positions and enjoy some profit when it hits 2366.57 - Keep a close eye on the rejection from 2378.55 as this could be a buy opportunity.
Comment:
Heading for it now. Sit back and relax.


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