AutomateForex

XAUUSD Technical analysis long position

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi Traders,

Based on technical analysis, Gold price is already in momentum in a bullish direction, if price close above 1994.795 with any bullish candles confirmation XAUUSD price will continue momentum in a bullish direction and I'm expecting it to hit a target of 2049.820. Place a buy or long position at around 1995.000, take profit at 2049.820 and stop loss at 1975.205

Thanks
Happy trading
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