Professor_GS

GOLD - DAY TRADE VIEW.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD - Trying to sustain in the range of 1932 - 1938, Stiff resistance and parallel channel breakout is there at 1940,
Above 1940 there will be a strong up move up to 1951 , following the path it can reach up to 1964.
Current bias is also positive so start buying from here smaller quantity and increase more once it crosses 1940 level
Maintain stop loss around 1927 for now. Follow the levels as mentioned on the chart.

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