stibo

GOLD LONG Opportunity

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders,

We can see here a swap zone. A swap zone is a supply or demand which turns in the opposite once the price broke trough.

I usually do not trade swap zones because they are not very strong but this setup looks very promising.

Gold is currently very bullish on every higher timeframe. Due to fundamentals i expect a further move to the upside.

Please leave a like to support my work. 👍

Thanks for reading,
stibo 🥦
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.