lusito_ginindza

Buying opportunity on Gold.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
1. a series of higher lows and higher highs.
2. price is trading above the moving average.
3. an area where price had great difficulty breaking above.
4. maribozu break out.
5. 50% retracement.
6. retest and a strong 4h rejection.
7. bullish engulfing on 1h.

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.