Gold Spot / U.S. Dollar
Long
Updated

XAU/USD trade idea

94
We are back!!!

So when we look at the chart we can see that the price is reversing off a zone that was support in the past already. We already have some candles that closed above that zone so for that reason it is also looking good.

I would either wait and see if we can drop a little and get a good price to buy of I would just risk it and go in now.

The fundamentals also look good for #Gold to go up so this could be a very good and profitable trade.


snapshot
Trade active

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.