the5erstrading

Demand Level For Buy Position In XAUUSD 27/01/2019

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
After a long stamping, the price finally broke out the resistance at 1297.00 zones and creates a new fresh demand which I marked below, it seems the price tends to reach the supply Level from the left at 1315.00 zones, we can see that on a daily chart, the demand below is a great continuation level of buy position, as long as the price didn't reach 1315.00 zones, I'll Buy at the demand below and the target will be 1315.00 zones,

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