VuyaniBFX

Gold trading idea

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
On the H1 timeframe gold has rejected to break below support which has been holding price… On the 30 minutes timeframe we have a descending trend-line which has been acting as diagonal resistance.. if price breaks the trend-line i expect to buy gold as we follow the rejection of the H1 timeframe and the break of trend-line..

If you find this helpful please leave a comment, like and follow for more trading ideas

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.