cvfxwealth

XAUUSD Bull Breakout

Long
cvfxwealth Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is looking very good right now for a buy.

Down trend line on the daily has been broken upwards with a strong bull candle. Look to enter on the retrace at backside of trendline to buy this upwards to next resistance area.

Entry @ 1900.00 area
TP @ 1960.00
SL @ 1880.00 (this would mean price is back under trend line and created a low under the up trend line.

Remember the number one rule of Forex: Look left.

Good luck and let me know if I can help in any ways!

Charles V
CVFX Management
Trading made Simple
2020 Growth: 206%
Comment:
Good entry will also be 1920.00 considering the further push up.
Comment:
Trade triggered.
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