NeptenFX

XAU/USD can we stay above 1940?

Long
NeptenFX Updated   
SAXO:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD

Hey Traders, I'm watching for a bullish move above the trend line again. Weekly/daily/4h chart views looks bullish for me. Dxy with his bearish move, I also uploaded what I think about the dollar, gives me another confluence. If the dollar stays above the white box and gives me bullish candles and the dxy looks bearish at this moment, I would enter longs here. The red area I marked could take a while to break threw. If gold breaks under the red line I will not enter and wait what the news says and maybe take there my chance.
Trade active:
I've now entered at 1945.30

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