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Signal_Centre

GOLD - Buying dips to the bottom of the channel

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Signal_Centre  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold XAU XAUUSD Parallel Channel buydips Commodities fxsignals forexsignals daytrade
5
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trendanalysis chartpattern indicator gold xau xauusd parallelchannel buydips commodities fxsignals forexsignals daytrade
Gold is Bullish - We look to Buy at 1780.5

▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 1780.50.
▪️ There is scope for mild selling at the open but losses should be limited.
▪️ The medium term bias remains bullish.
▪️ Preferred trade is to buy on dips.
▪️ Expect trading to remain mixed and volatile.

Stop: 1773
Target1: 1809
Target2: 1818
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