GOLD WILL KEEP GOING UP|LONG Long

Gold/U.S. DollarFXCM

Description

⋅ Nov 26, 2020 11:23 AM

GOLD has bounced from support and is now charged for growth
We might see a potential retest of support
But I am currently bullish on XAU_USD
I expect it to continue growing
To retest the horizontal resistance
Which is a final target
Long!

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Comments

Wolf_of_Trading

⋅ Nov 26, 2020 12:05 PM

Are you sure for long ? Because support zone is broken and new target looks like 1778 and you can check out from my idea , good Lucks

ProSignalsFx

⋅ Nov 26, 2020 3:10 PM

@Wolf_of_Trading, great idea!

Dexsmith93

⋅ Nov 26, 2020 11:52 AM

Isn't 1820 a strong resistance for a potential sell?

ProSignalsFx

⋅ Nov 26, 2020 3:11 PM

@Dexsmith93, if you mean take profit, then I'd close half of the position there yes! If you want to short from there-then no.

ProSignalsFx

⋅ Nov 26, 2020 11:23 AM

Feel free to ask me questions!

Samhanzy

⋅ Nov 26, 2020 11:54 AM

@MountainTraderFX Do you have a perfect entry price?

ProSignalsFx

⋅ Nov 26, 2020 3:11 PM

@Samhanzy, i'd argue its an area not a fixed price