XAUUSD Breakout - Possible Buy Setup Long

Gold/U.S. DollarFXCM

Description

⋅ Dec 26, 2019 12:35 PM

Gold broke out the multi days downtrend line - bigger picture momentum is getting stronger, seeing scope for a retest of the 1556 area over the coming days. Look for short term retraces for entry.

Trade Safe!

Trade active

⋅ Dec 31, 2019 9:42 AM

Trade closed: target reached

⋅ Jan 6, 2020 9:06 AM

Smashed the target.

Comments

transparent-fx

⋅ Dec 26, 2019 5:57 PM

I agree, overall this is the analysis I have on gold from a multi-timeframe analysis and order flow perspective

UmarAbdurRehman

⋅ Dec 26, 2019 7:37 PM

@transparent-fx, so we both have similar view :)