theoris

Is It time to buy Gold ?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After Zigzag corrections and drop below 1890 (as scenario A link below)
Buy zone which I found.
A. 1875 zone
B . 1843 - 1857 zone (1843 will meet trendline too.)
you will see large buy limit zone.
It is risk to place order now.
I will place buy limit at 1844
and wait to see its pattern after this again.
If Gold can break green dotted line, I may buy after break up too.

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