TradeWithTheTrend3344

Long Swing Trade Opportunity Below 1918

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Everyone,

The price has dropped below 1918, and we are currently considering a swing trade with a long position.

If you have a moment, I'd really appreciate your boost for my analysis. Your input would be truly valuable.

TradeWithTheTrend3344
Comment:
Let's wait and see how it develops patience is key!
Comment:
The current price is undergoing testing at the 1914 level and is approaching 1934.643. If it manages to surpass and establish a steady position above 1934.643, we can anticipate additional upward movement. However, if it fails to cross and maintain a level above 1934.643, and instead drops below 1918, this could trigger the swing trade.
Comment:
We saw a delightful, albeit unexpected, rise to 1942.755 :)) If the support at 1934.64 holds steady, we can expect more upward momentum!
Comment:
1st Target @ 1948.952 Done
Comment:
We've reached a significant milestone at 1972.5, so let's secure our profits and then carefully reassess our situation before making any further decisions.
Comment:
2nd Target @ 1989.297 Done
Comment:
Wishing everyone a fantastic weekend! Once more, we successfully navigated through this week, overcoming a few challenges along the way.
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