Wait until 1250 to buy XAUUSD

FX:XAUUSD   Gold Spot / U.S. Dollar
44 1 1
I've found the perfect buy point for Gold             it'll just take some time and patience but it'll pay off.
Don't watch any charts below weekly let the dollar run for now and let Gold             come to us.
Buy At 1250 stop below 1200 with a minimum target at 1375. 2.5 Risk/Reward
- 38% Retracement of the whole rally from 1050-1375
- Only $50 risk from the invalidation point of the uptrend @1200 (circled low)
- I drew an imaginary trend line to estimate the angle of the trend.

Trend line angle is important to me, I want to see our uptrend moving higher at a stronger angle as opposed to the red downtrend line.
When the chart was uploaded the Trend lines got messed up a little the resistance line (red) should connect cleanly at the highs and our support trendline (green) should follow the 50 MA
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out