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thedollarjay

GOLD 200 PIPS LONG OR 400 PIPS SHORT!!!

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
thedollarjay  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis goldtrading goldtradingstrategy Trend Line Break TRENDLINERETEST
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trendanalysis chartpattern fundamental goldtrading goldtradingstrategy trendlinebreak trendlineretest
Gold is on a downtrend at the moment as DXY(US Dollar) is showing signs of recovery after the big dip in March.

But anything can happen at the moment with everything going on with BRICS

Wait for either the breakout or retest of the trendline before you place trades.

If price breaks above the trendline buy the retest to 2030 but if price retests at the trendline and gives rejection wicks sell it to 1973.

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