Wealth_Barometer

XAUUSD: step back on support, 1934Buy

Long
Wealth_Barometer Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has turned into a long position, and stepping back on the support is an opportunity to go long! Now that the 1934 support has fallen back, the opportunity will not come again, the current price will directly increase, and it will be bullish!

The previous downward trend line of gold has been broken, and the pressure of consolidation at the bottom has also been broken! And the daily line is supported by Bollinger's lower track, and it has the conditions for a rebound! After the big non-agricultural data on Friday, the market rose sharply and broke through. Today is a step back confirmation! As long as you stand firmly above the 1934 support, it is the beginning of the bulls' rise!

Plan your trade, trade your plan! I have established a 1934 support plan to do more! Now the trend is as expected, just do it in place! The upper pressure focuses on the pressure position of the previous rebound high point 1945-1953!
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