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FearCapital
Mar 6, 2019 9:20 PM

XAUUSD - Long  Long

Gold / U.S. DollarFOREX.com

Description

I Believe Gold Has Hit A Weekly Support Level. As We Have Seen A Fall In Downside Momentum We Could Now Be Fighting Our EMA Crossover to The Upside for A Buy Position To Retest The Monthly Resistance And Psychological Level At €1300.

Now Could Be A Good Point To Enter As The Lower Hourly Timeframes Have Just Closed Above The EMAs.

Good Risk To Reward Position.
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