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TiltonKy
Sep 4, 2017 10:42 PM

XAUUSD Overview.  Long

Gold/U.S. DollarFXCM

Description

My idea overview illustrates a few key things.

1. Gap appeared in price, 9/4 at market open. Price increased by a near 10.00.

2. Consolidation/resistance zone.

3. Bullish Trend confirmation.

4. Eye'd price of new possible high of -1400.00

North Korean tension escalated recently. As they tested another nuclear device resulting in a 6.3 earthquake recently. market open for the US showing a gap up in gold. As tensions flourish, ill continue to find bullish advantages within XAUUSD.

(OverView idea)

Trade closed: target reached

This was a good trade.

Comment

now there is another long opportunity arising.

Comment

Still looking to accomplish a Long position to 1400.00 I believe we will make that approach before descending.
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