FX_Wize

XAUUSD - GOLD TRADING IDEA

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently trading inside what seem to be a raging structure from the 14th of March.

I believe the safest way to trade is to wait for a break above 1976.00 area for a long trade and break below 1878.50 for a short trade.

A bounce on these levels may signal a range continuation and range trading techniques may be used.

As always, please do your own analysis before placing any trades.

Cheers traders and happy trading ✔✔✔

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