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ExodusTradingDesk
Jul 20, 2023 2:32 PM

Gold Xau/Usd Reaches Fair Value. Long

GoldOANDA

Description

Gold Xau/Usd Reaches Fair Value.

The ExodusTradingDesk has spotted fair price that we believe will produce a potential buy opportunity for the precious metal.

We will buy the pair should we have a firm 30min candle close above the identified price zone at 1971 with our profit target to 1982.

A possible sell scenario will be a 30min candle close below the identified "Critical Zone" below the critical level we believe will be a key " supply zone".

Use adequate risk management if you are to execute a trade with this analyses.

Enjoy and happy trading! #We are the #ExodusTradingDesk.

Comment

The New York Session produces good demand for gold around 1968.

OUR "LONG " is still open at this point.
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