RatioForex

GOLD Pulling Back To Key Support

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Las week the XAUUSD broke the 1180-1190 resistances that now is support, after forming a descending wedge pattern. We will be keeping close eyes in the key support level at 1180-1190, and if we see bullish reversal signs, we can buy with first target at 1300.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.