StevenSng

Gold Opportunity

FX:XAUUSD   Gold/U.S. Dollar
159 0 6
2 months ago
We can see OANDA:XAUUSD             broke daily uptrend trendline after testing weekly downtrend trendline. A break below 1300 level should warrant a short position after retesting support turned resistance, targeting 1211 level (previous structure and 50% retracement). Else we should wait for a break of weekly downtrend to opt for long positions.




2 months ago
Comment:
snapshot
2 months ago
Comment: Nice move down +500 pips, to 38.2% retracement

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StevenSng
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