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NDOBObanks

XAUUSD Long with 4 listed confluences

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
NDOBObanks Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis nakedtrading priceactionanalysis noindicators xauusdlong Gold
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trendanalysis chartpattern waveanalysis nakedtrading priceactionanalysis noindicators xauusdlong gold
Confluences:
  • Double Bottom
    Daily Chart Trendline Break
    Weekly Chart Trendline Break
    New High Indicating Bullish Market Structure


Duration of Trade: 3 weeks or if target reached, whichever comes first.
Comment:
Gold is moving nicely and price is looking to break previous high of 1846.xxx and create new high.
Comment:
Gold is currently half way to the target. We are looking to hold for a few more days.
Comment:
Gold is still moving nicely. We will leave trade to run for two more day and if target isn't reach towards the end of the week(Thursday), we shall close trades and take what the market gives us.
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