The_MorningStar_Forex

XAUUSD - 1H - SUPPORT/RESISTANCE- LONG

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
USD is in retracement mode, considering that XAUUSD is likely to fall till the next Support (previously resistance).
We'll wait for some consolidation and look out for divergence to enter our trade.

If you like clean analysis like this please follow for more.

Happy trading.!
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.