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mikeycload97
Aug 4, 2019 11:54 AM

XAUUSD Long

Gold/U.S. DollarFXCM

Description

As we closed above the major resistance level of 1350 2 months ago, i do believe this a very bullish sign that we will continue to reach highs of 1500. As you can see we are still in a daily bullish uptrend. We have created a double top at the 1445 level. I think we now may see 1 more tap of the support trend line before rocketing past the 1450 area. Or we may push through this resistance of 1450, retest and head for 1500.

I will either be looking for long opportunities if we do once again hit that trend support. OR strong break and close above 1450

Comment

Price has now broke through 1480 let’s see this momentum take us to 1500

Trade closed: target reached

👍🏼
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