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ForecastCity
Jan 6, 2021 12:57 PM

💡Don't miss the great buy opportunity in XAUUSD Long

OANDA:XAUUSD1D
GoldOANDA

Description

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Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1896).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. Gold/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.

Take Profits:
TP1= @ 1965
TP2= @ 2007
TP3= @ 2075
TP4= @ 2149
TP5= @ 2250

SL= Break below S2

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Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsGoldXAUUSDdollarXAUUSDgolddollar
Comments
AR_kooshani
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Thanks, bro! Good work! Agree with you
ForecastCity
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@AR_kooshani, Thank you for your comment. 💎🙏💎
Kristalyn
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nice idea
ForecastCity
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@Kristalyn, We appreciate your support and wish you the best of luck.
Pro_Trader_007
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It's a good TA. I didn't notice the flag pattern before you point it out. Well done. 👏
ForecastCity
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@Pro_Trader_007, Thanks for your nice comment.
alexandrumarin037
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Thank you for your help 👍👍👍
ForecastCity
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@alexandrumarin037, We're glad you like it.
Josef_anderson
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Excellent charting!
ForecastCity
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@Josef_anderson, Thank you for your comment. 💎🙏💎
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