aprjb
Long

Opportunity to go Long on Gold

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Hi!

Its my first time to post here, so I apologize if this post won't make sense. I'm looking at the charts this weekend, and I think this 1H chart of Gold is quite clean. As of this posting, the market possibly just finished a retracement, and is possible to continue to go down. If the market will not take the recent pivot high, I'm looking for it to hit the price levels indicated on the chart.

On the other hand, if the recent pivot high will be broken, I'll make a new TA.

Thanks!
Order cancelled: Hi!

As shown in the chart, Gold took the recent pivot high out, so the levels I previously indicated won't be valid now. :) I'll be waiting for a new pattern to form probably on the 4H or Daily chart before I make a new TA.

Thanks!
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