Professor_GS

GOLD - DAY TRADE VIEW.

Long
Professor_GS Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD- Strong buying momentum is there on the hourly candles,
Buy at current price 1984 MOMENTUM POSITIVE ( APPROACH SHOULD BE BUY ON DIPS )

Potential upside target 1996 - 2005
Stop & Reverse 1979
Potential downside after reverse 1964

All the best cheers ....Happy trading

Traders, If you liked my analysis or have an opinion about this given levels , write in the comment section.

Thanks !!
Trade closed: target reached:
stop & reversed achieved +100pips overall

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.