FUNTRADER-Vera
Long

1001 WKP1 XAUUSD would keeping north before Nov till 1967-2070

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

Alright, we were all wrong LAST WEEK without fully consideation of the weekly strong support. And keep thinking gold might test new low as it was running beneath middle band.

Guess it would not b a good choice to sell gold before the US presidential election.

Alright, on weekly chart, it is not way that the green selling zone valid. It failed to stop gold to rise. And it could become a new support zone on daily chart .
But there is a strong trend line on daily chart that has stop gold rising triple time we should not ignore.
It might happen again for gold to make a correction down to the green support level .
It might follow the 4h chart channel to run bfore reaching 1967.

Good luck my friend.
We would check the entry again to setup our plan to buy gold next week.
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Comments

We can see signs of strength.
+2 Reply
let us wait for the channel breakout
+1 Reply
Keeping up.
+1 Reply
What are the reversal signals?
+1 Reply
Very detailed.
Reply
Good to know.
Following. dude.
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Will test key resistance level soon again.
Reply
Or entry signals?
Reply
FUNTRADER-Vera Michael_Funtrader
@Michael_Funtrader, will need to check on 4h chart next week.
Reply