FX:XAUUSD   Gold Spot / U.S. Dollar
Going long on GOLD             .

Refer to chart.

1) Bullish Harmonic pattern - potential TP at 50% - 62% (= supply zone )
2) Cup and Handle - break and retest of the neckline suggest the price could go further up
3) Bullish Flag from the cup and handle - TP near 2nd Supply zone - 50%
4) Price action showing higher highs and lower highs

Currently waiting for opportunities to go long at demand zone or FIB levels on confirmation of reversal candlestick .

PS: this is just our thoughts on the market. Do NOT take this as a trade signal.

Thank you.

Movingwfx

English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out