ChartCrushers

Gold Resistance Break

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Opened a long on Gold. Price has broken through previous resistance and targeting the high of 2011. With all the money printing going on, should be a low risk trade. Let's see how it goes.

No indicators, no patterns. A simple support/resistance trade.

Stop is below previous weekly resistance close which should act as support.

Let's Go!
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