OANDA:XAUUSD   Gold Spot / U.S. Dollar

hey guys,

though I have bought gold from 1460 and have already taken profit from the trade,
I still believe that the price may grow to the 1480 level.

Currently, the market is back again trading above the recently broken structure level!
it is a very good indicator of a false structure breakout so with quite high probability we can
expect bullish continuation.
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good job bro <3 ;)
nice review, thanks for sharing, appreciate it.
Here's my take on XAUUSD daily with trade plan for bulls/bears with SL/TP.
Good luck, traders!
I also bought from a lower level!
Thank you for the update !
Share your ideas/thoughts/question on gold here!
+1 Reply
otterslide VasilyPonomarev
@VasilyPonomarev, I think next weeks economic numbers will be mostly neutral and it will continue trading sideways likely until 27th when GDP comes out.. 1480 is a bit high, but there could be some buying during neutral times.. although DJI will keep pushing to 29k now and keep squishing gold down.. Could have a small rally on the 27th, and then they'll announce some breakthrough in tariffs to squash it back down.. do you notice that every time gold is going up there's another tariff breakthrough that ends up being false?.. so it doesn't matter what numbers come out even any more, as long as a tariff breakthrough follows.
+3 Reply
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