dragon_88

Nice set up to go long Gold (XAUUSD)

Long
dragon_88 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is preparing for a next move after correction inside the falling wedge for 3 months. Momentum not yet pick up but early sign was appeared on May 23th following by an inside bar. We can go long Gold now with high potential R:R ratio aiming short-term target at 1315 and stop loss at 1275
Comment:
Time to scale in as momentum just pick-up, target 1315, stop loss still at 1275

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