RT_Money

XAUUSD (Gold) Analysis and trade idea

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold had a recent break of structure to the upside.... so a return to impulse is expected. This would represent the HH, then the expected HL. Simple setup.
Watch out for the key level I highlighted, as that could turn price around, creating a higher HL, if you will.

Overall, I am looking for more Gold strength this week.