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XAUUSD Gold Bull for the first time
Gold Spot / U.S. Dollar
Long
XAUUSD Gold Bull for the first time
By KajuFusion
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Dec 18, 2021
2
1
1
Dec 18, 2021
XAUUSD GOLD
1D TF
Month Resistance: 1856-59
Week Resistance: 1814-1817
Day Resistance: 1804-1808
Day Support: 1782-1785
Week Support: 1760-1766
Month Support: 1677-1707
After this week FOMC announcement, Gold have shown great upward movement. Price reject at Week Resistance for a retracement.
Observation:
Higher High
Higher Low
Kaju indicator Bull Entry
Rainbow Bull
Rising Inflation
Trade Idea:
Bullish
Buy: 1782-1786
TP1: 1796
TP2: Let Profit Run
SL: 1772
Gold
Trend Analysis
XAUUSD
KajuFusion
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