theoris

Gold : Wait for Breakout and Catch that trend

theoris Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Break Green trend line ---> Buy to the target level
( Stoploss if drop below red TL )

Drop below Red trend line ---> Sell to 1530 zone or lower to 1463
( Stoploss if above green TL )

IMO I bias in Long entry but we should wait till it breakout up or down to confirm.
Comment:
Hit TP1 of Buy signal
take partial profit.
Comment:
after TP1 and back to retest on lower zone again
Gold should drop a while.

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