FUNTRADER-Vera

1602 XAUUSD 1500 wont just be a dream in 2019

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
On monthly chart, GOLD technically has a chance to reach 1520 in 2019.
Its moving a sideways in the bottom for the last 3 years.
Its now on its 3rd wave which will probably break through the 1st purple resistance zone (1367 soon)

On daily chart, we have gold on its 5th wave up now WHICH IS STILL INSIDE THE UPTREND CHANNEL.
Fibo 2.27 of he first wave up start in Aug 2018 is our final target of this uptrend which happen to be 1365, quite close to monthly resistance zone.

Good luck on the long trade jurney.
LESS IS MORE!

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