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ForecastCity_EU
Apr 2, 2020 1:17 PM

Don't miss the great buy opportunity in XAUUSD Long

Gold/U.S. DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1595.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XAUUSD 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 64.

Take Profits:
TP1= @ 1627.53
TP2= @ 1650.45
TP3= @ 1703.42

SL= Break below S2
Comments
Best_Forecast
Thanks a lot!
Best_Forecast
This is a legitimate analysis. Great work!
Best_Forecast
I agree, the rising volume is supporting this.
Forecast_Crypto
I got profit out of this amazing forecast.
Forecast_Crypto
Yessss.
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