OANDA:XAUUSD   Gold Spot / U.S. Dollar
Preferred direction: BUY
Comment: Metals, in particular gold, as well as the Euro has a good chance to recover from the recent pressure. The growth of the metal with a high degree of probability will be exceptional due to the weak dollar. Technically, there is a great opportunity to go long after the price closes above the 1938.915 level. As a result, a false breakout will be formed and the price can grow very, very well due to the sellers who have been actively raging lately.

Thank you for like and share your views!

🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
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.