Mihai_Iacob

Gold- buy dips is my strategy

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I said in yesterday's long-term analysis, I believe that Gold has bottomed out and a resumption to the long-term bull trend has started.
On an hourly chart, we can see that a well-defined buy zone is just under 1720 and, in my opinion, dips in that zone should be bought.
The short-term target can be 1755 last high's zone while a daily close under 1700 would negate this scenario.





🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
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.