usmand

Gold (XAUUSD) Next Bullish Ride!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold backed to channel after little drop and now Trapped Between $1874 to $1888 area.
Might be possible consolidate btw these two levels and if breaks
than 1901 and 1918 on Radar.

Best buying is between 1874 to 1878.
Initial Target is 1886 if break than 1901 and 1918.

Stop should be below 1870.

Only break 1860 neckline changes the bullish narrative.
Be patience in case of consolidation
and please strict to stop!
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.