OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD - Gold revises back from the low of 1915 making it as a strong support zone.
Trend and sentiment is BULLISH, break below major support zone of 1900 will be STRONG SELL.
For next week - trade as per the levels mentioned ;

For now approach should be buy with a STOP LOSS of 1911 for potential up move till 1964 - 2008
Below 1900 it can further drag down to 1815 level maintain stop loss of 1922 for short selling.

Traders. if you liked this idea hit the like button and write in the comment section.

Why you should follow this tradingview account ?

  • Managed by top most renowned trader - Pulak Priyesh
  • 10 + years of trading experience
  • Professional Day trader
  • Excellence award winning mentor
  • Professional chart, clear chart without junks for your better understanding
  • Major S/R levels with inner insights
  • Frequent Day & Swing trade levels
  • All major and minor FX/INDICES covered

Thanks !!

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.