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ForecastCity
May 6, 2021 7:08 PM

💡Don't miss the great buy opportunity in XAUUSD Long

Gold/U.S. DollarFXCM

Description

Trading suggestion:

". There is a possibility of temporary retracement to suggested support line (1798.04).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:

. XAUUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at72 .

Take Profits:

TP1= @ 1820.12
TP2= @ 1833.43
TP3= @ 1854.36
TP4= @ 1875.33
TP5= @ 1902.06

SL= Break below S2



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Comments
DenizKilicDeniz
I really appreciate your work.
Mehmetozdemi
Good job! Clean analysis.
davidgolandak
Amazing. Keep it up. Thanks for sharing
pyrrhicpacific
U are the best seriously
ForecastCity
@pyrrhicpacific, Thanks for your comment.We wish you all the best with your trades.
OB13ZZZ
Hit tp2
relevantFlamin45449
nice signal thank you
GoldenSack
1795 today, then you will rue your inverted H&S theory🤠
habibkamali
perfecto
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