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Hump_Trader
Jul 19, 2017 10:28 AM

GOLD (XAUUSD) Weekly, Waiting for flying up Long

Gold/U.S. DollarFXCM

Description

Gold weekly chart is telling us that it is going up.
If we see breakthrough the resistance, it would be very nice opportunity to BUY it, the near target will be 1300, after closing up to it, the next station is 1370 as I expect.
Note: This analysis depends on breaking the trend line, I wouldn't open the trade until breaking happens.
Have a nice trades, have a nice day
Good luck.

Comment

it touched the trend line and went down, still waiting.
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