xaph_frx

zone for gold buys

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking at the gold chart we have some good spots where gold could possibly reverse and give us a nice uptrend on the ltf, when price comes to these areas i will be looking for reversal patterns on the ltf to take a long postion and aiming for atleast 5R off them , securing partials on the way because it could be a potential long hold especially for me since im a scalper , if youre more of a swing trader you can set and forget and come back when gold has flew to the moon . if gold breaks through then i will be taking shorts from there and playing it down wards securing faster because of the range below
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