melikatrader94

where does gold (xauusd) wanna go?!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
hello guys...

gold formed an ascending parallel channel so clear and strong but in my opinion, it's so possible if breaks down the bottom line of the channel after a retrace to the gray area!!

in the lower time frame formed a double bottom and the target of this pattern is gray area too!

my recommendation is to get a long position until the price reaches the gray area and after that get a short position for big money and profit!!




always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
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Trade closed: target reached

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