GOLD – buy opportunity with multi-timeframe analysis

Long

Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)

Updated

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis XAUUSD

trendanalysis xauusd

XAUUSD
Hello trader! I am glad to share my idea about this pair.
Just remember to manage your capital while trading. No matter how perfect your trading system is, the way you mange your risk is the key to be a consistent trader. The winning trader is always a consistent trader.

H1: Price reach strong support/demand area. Time to buy

snapshot

M5: We see a very clear trend line breadkout. Potential buy

snapshot

Comment:

From M5: let wait for price to break from this trend to buy

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