asharifan

Gold is in uptrend , all negetive movments make it ready to fly

Long
asharifan Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
in the daily time frame gold has reached its short-time downtrend channel.
if you check weekly , Gold is just here to make a kiss to EMA50.
i think gold is in a Healthy uptrend but we must wait for weekly price action signal .
i don't buy just now, i would buy after weekly confirmation.
Trade closed: target reached

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.