Gold - Long on Daily chart

OANDA:XAUUSD   Gold Spot / U.S. Dollar
I went long on Gold at 1315 as the price broke above previous resistance. Also, there was a 4 hour MACD cross above the zero line, which I like as an indicator.

Stop level is at 1308. Tight stop but looking promising.
Limit target 1350, as that was previous highs.

Lets see how this turns out.

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.