UnknownUnicorn483829

How I took a Long XAUUSD - GOLD position - analysis and reasons

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello all

I thought i would post a video of why i went long on Gold on the 28th May

I discuss within the video the following

Overall view on Gold
Long term fundamental views on USD and why it is weakening
Why I am looking to go Long (not short)
How i place support and resistance and importance of dynamic resitance lines (angular) as well as horizontal.
Why I entered when I did and how you could enter conservatively, or maybe less so.
Why the Take Profit target was where it was and how you could choose other targets.


It's my first video on Tradingview, however I hope you find it interesting.


DuncanForex.com coming in 2 weeks.

Thanks for watching my video.
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