KaltoireCapital

Potential buy trade set-up in Gold if it reaches mid-1800s

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Hello traders, I hope you enjoyed my previous sell trade set-up in
Gold where I told you too sell near the 1950 area with TP near 1870.
(previous idea attached below for reference)
Currently, gold is approaching a support level.

If Gold reaches 1850-1870 level and shows bullish price action,
I will consider a buy entry with SL below 1840 and initial TP
at 1910 and final TP at 1960.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.