faiz16
Long

GOLD buying opportunity can't get any better!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Strong support around 1100 and as you can see that the support line drawn goes all the way back to March 2006 which has been tested in Oct 2008, Nov & Dec 2015 and Jan 2016. Moreover the upper resistance line drawn also meets around 1100 which makes support even stronger and great likelihood of strong uptrend. Will wait for a reversal before committing.

Good luck and stay safe!

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