Fx_DreamChasers

GOLD DUE FOR RETRACEMENT

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD HAS CURRENTLY REACHED A LIQUITITY POOL / STRONG ZONE THAT WILL PROVIDE MOMENTUM TO THE UPSIDE.
MULTIPLE INDICATORS SHOWING BEARS ARE EXHAUSTED ( RSI, STOCHASTIC)
USDJPY, ALSO KNOWN FOR REVERSING IN CONJUNCTION WITH GOLD IS LOSING STEAM GIVING BEARS OPPORTUNITY TO TAKEOVER PUSHING GOLD FURTHER UP.

TP@508.227 (ABOUT 1,380 PIP TARGET)
BUY (HIGH PROBABILITY)
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