velmunis
Long

GOLD is in Bullish trend

OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD

After reaching the major support zone 1450.00 the buyers got some strength
the trend line has broken and pushed the price higher towards 1550.00

We can expect short term fall back towards 1504.00 level

From this point we can open long positions and the potential take profit will be 1596.00

Stop lose may placed below the 1495.00 level

Leave your valuable comments below
Trade active: It has reached our primary entry level which is 1504.00
Trade closed: stop reached

Comments

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