tradingacademyid
Long

Gold again!! My Favorite Commodity coming with my Favorite Setup

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders! Its Monday now in Indonesia and of course the market is freshly opened today! as soon as i open my PC and saw this, well there is only one way i know that this beautiful gold will go. Soar high to the North!
Here in XAUUSD timeframe H4 we could see a potential bullish trend will arise, with a low and higher low already created, big potential 1426 will become a higher low area with fibo 50% as the supporting support area . we will just need to wait for confirmation from now, which is price breaking 1430 to make a swing low. after that, we will see Gold will rise higher.
also if we see the stochastic oscillator, we could see there is a Hidden Bullish Divergence which helps me confirm my analysis about Gold .

So Good luck for us, and lets ride this commodity together.
Let the Profit be With You
Good job ! I agree ! let's see how the week plays out!
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