Stargazer_fx

GOLD broke above Resistance level,wait for pullback to BUY...

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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GOLD Update..
The price is above support/Resistance level, If price continue to hold the level as a support then there is a chance that we might get a good opportunity to Buy from that level,wait for the price to make a Pullback to the support level and if price gives any bullish signal then look for buy opportunity..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity...


For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 2hr timeframe for confirmation to BUY..
Trade it with proper Sl..
Take entry only after price gives bullish signals..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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