GlobalHealthWealth

Gold Next Trade Setup - More Opportunities Coming!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As you can see on previous posts we took profit in on green zone at 1897. After today's news we had a rapid decline which bounced off the 50 & 200 MA keeping us in a bullish sequence.

We are looking to engage long positions at lower level support zones unless we have upward movement confirmation in this area. Overall I want to continue following the upward trend while keeping a Plan B in mind. We are never biased towards one direction.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.