Fridrex

XAU/USD or where money being placed

Long
Fridrex Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold is gonna be expensive one. Just look at this setup. We got hit 1700 which has a lot of liquidity and run from it up straight. I would like to buy here on any possibility. Also we have a good level to detect if we gonna run to 2k this time. This is 1770. I will buy once we break through it. And also support on 1734 is gonna be my alert for shorts.

*Also we have fundamental things that will support our bullish positions.
Comment:
Keep going as I said.
Trade closed: target reached:
We've broke 1770 as was expected. Idea worked just great.
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.