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salsapete

Gold - within the bands

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
salsapete  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Technical Indicators Trend Analysis
1
0
chartpattern indicator trendanalysis
Gold is in consolidation , and the bias is to the upside ( 30 MAV> 50 MAV) . Consider a long trade from BB 2 SD low to high.


1. Enter - around $ 1890 ( lower BB 2SD)

2. Stop - around $ 1855 ( outside BB 3SD)

3. Target - around $ 2020 ( upper BB 2SD)

4. RR = 3
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