TraderNeoh

XAUUSD (Gold) - Great Buy Yesterday! What's Next?!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi Traders. The recent setups on Gold has been very blessed. I talked about buying opportunities at 1680 anticipating a complete reversals at the key multi-year support. Market rejected 1680, then I talked about further long opportunities at 1713 and 1740, both of them were very accurate with decent RR.

As now Gold is still moving up healthily, I do expect further rally up towards 1780 - 1790.

But, be aware that we're still technically going against the long-term flow (Bearish), can we expect a complete reversals back towards 2000? Possible, but it will require more confirmations.

Let's remain flexible and reactive.


If you enjoy the content, make sure you follow my profile and click the like button.

Take care and trade safe.

All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.