ErfanParvini

Looking long on Gold

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
2
We are in a bullish trend on 1H time frame, at a pretty significant structure level (As shown with arrows market has reacted to this zone several times in the past). There are some Fib confluence, and double bottom with RSI divergence. In my opinion, if we are going to go higher on gold this is probably where it is likely to start. Good luck traders!
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.