Gold (XAUUSD) Update (Inside an FCP and Supply Zone)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Traders, Gold is moving higher after breaking through the channel. Now it has reached a supply based FCP zone which can push it down or at least give it a little bit of break. So if you are looking for long then ideal situation will be a pullback and then continue with the uptrend. If you are looking for short term short position then based on some confirmation you can go short at these zones and levels.

Let me know in the comments section if you have any questions.

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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.


interesting video, keep it up
+1 Reply
vikinsa abel11
@abel11, Thanks :) Good luck
Thank you very much as always!!!
+1 Reply
vikinsa Shibuia
@Shibuia, Thanks a lot :) Good luck
Awesome breakdown, have you opened a position for this one already?💶
vikinsa Investroyllc
@Investroyllc, Thanks. I was long and then shorted yesterday for a day trade. I am looking for a short again.
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