Gold Spot / U.S. Dollar
Long
Updated

XAU/USD Long

134
Respected key level, followed by bullish engulfing.
Note
Price currently ranging on 15 minute TF when it breaks, price will shoot up to 1752
Note
Price has broken the consolidation it created previously and is now creating momentum back up
Note
Price is in a bearish penant pattern, waiting for breakout

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.