Sphinx_Trading

XAU/USD Long Setup +600 pips

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
- Price failed to break the last low at 1615.00.
- We can observe an impulsive bullish movement from 1620.00 demand zone.
- also price made a new higher high after breakiing the last highs also the corrective channel.
- We expect the price to retest on 1640.000 demand zone and then we may have a strong bullish trend to 1700.00 supply zone.
Comment:
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