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ForecastCity
Jun 3, 2019 12:40 PM

Don't miss the great buy opportunity in Gold Long

Gold/U.S. DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1310.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 86.

Take Profits:
TP1= @ 1324.45
TP2= @ 1333.00
TP3= @ 1347.10

SL= @ 1286.00
Comments
fxniki
It's really a great buy opportunity in Gold. thanks for publishing such a valuable opportunity.
ForecastCity
@fxniki, You're welcome.
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