XAUUSD local supports are ahead can we expect one more pump ? Long

Gold/U.S. DollarFXCM

Description

⋅ Oct 18, 2021 7:53 AM

price started to pump after breaking the red trendline and it was expected:

then it stops at the Strong resistance of 1800 and now it is falling and it can easily continue to fall and hitting supports like 1720.

But some local support here now also mentioned on the chart that we may have local rise with these supports like gree arrows.

DISCLAIMER: ((trade based on your own decision ))
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Trade closed: target reached

⋅ Oct 19, 2021 5:55 AM

TP1 and first resistance zone hit.

Comments

TRIDENTFX

⋅ Oct 18, 2021 8:14 PM

My TP is at 1781

alihighbiotech

⋅ Oct 19, 2021 9:13 AM

@EzennamdiFX, and setup sell around 1781?

ForexTrendline

⋅ Oct 18, 2021 1:12 PM

Nice one, let's see what happens next! Here's our update on GOLD

Serana2324

⋅ Oct 20, 2021 2:38 AM

Great job as always

CoinGirl1008

⋅ Oct 19, 2021 9:02 PM

nice1

jojofang0901

⋅ Oct 19, 2021 2:02 AM

personally seeing it potential upside more from the overall higher time frames. Will see how price develop this week thx

UnitedSignals

⋅ Oct 18, 2021 10:04 PM

Thank you for posting!

FieryTrading

⋅ Oct 18, 2021 4:37 PM

Looks very good, thanks for sharing

Investroy

⋅ Oct 18, 2021 4:28 PM

Detailed and precise

TheTradersAvenue

⋅ Oct 18, 2021 2:53 PM

Wonderful explanation, thanks for sharing.