spesfinancial

Gold Look for a short-term long trade

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
54 views
1
Day chart: Though the main trend of Gold is still downside, there may be a short-term long opportunity in the coming day. First target will be 1180 resistance.

4 Hour chart: As long as price holds above the short-term support zone (green zone), we will look for long entry after a strong bar completes above 1165 resistance.