ForexTrendline

GOLD possibly reaching 1855!

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
On Friday we saw a confirmed upside direction on GOLD which is still in play and price is currently holding sideways.
That indicates a possible continuation and price most likely reaching 1855!

A significant resistance level ahead of price is 1829.

If you will be entering right now your stops should go below the most recent low at 1783.

Once price breaks above and re-test the first resistance, that's when you can move your stops and maybe even add to your position!

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