XAUUSD LONGS

A bias on GOLDSPOT, as we can see a morning star pattern just formed at the bottom of a downtrend right at a level of support $1775 on the daily time frame and the moving average currently acting as a support on the 4HR time frame as price pushes away from 1770's.
This is a high probability set up, with $1818 as the first target point and then $1860.
Chart PatternsFundamental AnalysisTrend AnalysisxausdlongXAUUSDxauusdanalysisxauusdideaxauusdupdates

Also on:

Disclaimer