ArashBanakar

Gold key zones to watch and two points to buy. XAUUSD 🪙 Update

Long
ArashBanakar Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello guys, Everything is marked on the chart for you like always. We said that we have two strong support base band, 1800-1808 and 1778-1786 that we can consider those to enter buy position which the first buy point was activated. For now we have a new higher support zone 1819-1825 that I expect the price retest it and then move toward its target. The targets will be 1843-1847. After that maybe price get stuck in trading range. However, for the trend to change of downtrend to uptrend, the price must close above neckline 1843-1847. So monitor the price's action in the circles.
Good luck.
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Trade closed: target reached

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