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Signal_Centre1

Gold buy a break setup.

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Signal_Centre1 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Gold goldidea goldtrading XAUUSD goldusd goldlong signal signals signalservice
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supportandresistance gold goldidea goldtrading xauusd goldusd goldlong signal signals signalservice
Gold - Intraday - We look to Buy a break of 1822.5 (stop at 1809.8)

50 4-hour EMA is at 1816.6.
A bullish reverse Head and Shoulders is forming.
Previous support, now becomes resistance at 1850.
Bias is mildly bullish today but we need to see a break of 1820 to confirm the upward pressure.

Our profit targets will be 1858.8 and 1874.2

Resistance: 1820.0 / 1840.0 / 1850.0
Support: 1800.0 / 1780.0 / 1764.6
Trade active
Trade closed: target reached:
Trade closed at slight profit at 1838

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