CSTrading

Gold might be ready for the takeoff

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi folks. We've been waiting for the long signals for Gold for too long, now it seems that it shows a clear bullish pattern .

After having formed a double bottom below, with a notable relative strength inside of the range, now Gold starts to move away from the support. Since yesterday we had only the 1st day of the move, we have a probability skewed towards a long position.

Good luck and trade well!

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