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rajasherbazkhan

XAUUSD Long

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
rajasherbazkhan  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Fibonacci longsetup
2
0
trendanalysis fibonacci longsetup
Bias Long (ride the trend)

Bullish indications
1. Pullback from 0.5 FIB retracement posssible= 1788, Support at 1808
So support zone 1808 - 1788
2. Trendline resistance broken
3. HH and HL Formed
4. HH broken
5. Morning star pattern on HL

Bearish indications
1. needs to form another HL for bullish confirmation
2. 0.236 FIB retracement needs to be broken clearly


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