OANDA:XAUUSD   Gold Spot / U.S. Dollar
7
As you can see from the picture.. the black line is acting as a support with the downward trend and the same with the red line as well acting as a support... all you have to do is watch out where I have the arrow illustrated with the single green arrow facing right... once that support holds then we are heading up.. if that doesn't hold then watch where I have three green arrows..but if it doesn't hold as well then sell to 1200 and buy from there ...

Trade active:
support marked in blue is broken.. short from 1227 ..Open TP for now
Comment:
The support is still holding for now at 1212.70 .. once we break that support then we looking at 1200 ... trade carefully guys
Trade active:
a break of 1210 .. Sell ..
Trade active:
Just like i said earlier ... short from 1210 but i got in at 1220 .. lets see if we can ride this to 1200 or 1180 ...
Trade active
Trade closed: stop reached

Related Ideas

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.