TheSignalyst

GOLD - Potential Buy Setup - Analysis #2/50

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on WEEKLY: Left Chart
GOLD is retesting a support zone and round number 1800. So we will be looking for buy setups on lower timeframes.

on H1: Right Chart
For the bulls to take over, we need a momentum candle close above the last major high in red.

Meanwhile, until the buy is activated, GOLD can still trade lower till the 1800 support or even break it downward.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

72 hours left for the 33% discount!
Use Coupon: TV6 on www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst

Best CFD broker
cutt.ly/TickmillReal
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.