AriasWave

GOLD - Tracking Minor Waves - Looking For A Re-Entry?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yes we are already in this trade (see related ideas below) however if you are not then this might be of interest.

Just looking into the waves at small degree I found some interesting things going on with Wave 2 of this move.

At the open on Monday, Wave 2 expanded to the upside which indicates some major strength behind this move.

I would say these levels hold potential significance.

Entry: $1946
Stop: $1929
Target: $2300

Let's see what happens next.

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