PyramidFx

XAUUSD bullish for target 1940

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
#xauusd, monthly and weekly chart forming higher high and higher low, monthly bar of April did not make lower low and broker high of the month of March, similarly May monthly bar broke April monthly high. 1855 initial demand zone for long, if breaks this level then next high demand zone for buy 1840-30 area. 1888 is hurdle where sellers may attempt to involve in market mean expecting some retracement by this level.

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