Gold Spot / U.S. Dollar
Long
Updated

Hellena | GOLD (4H): Long to resistance area 1906.

947
Dear colleagues, I assume that the price will reach the resistance area of 1906. Now the price is in the area of strong support, which strengthens the idea.

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The price has reached the support area. The number of buyers is increasing in the market. All this means that I am considering only long positions.
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Dear Colleagues, in the coming week, I assume that the price may update the low then will start moving towards the target of 1906.
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I assume that the price will reach the target soon.
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Dear colleagues, if you had long positions, I recommend closing them. I consider the idea to be worked out.
Trade closed: target reached

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