Gold Spot / U.S. Dollar
Long
Updated

watch for blue area

793
snapshot
since my last target hit, price is moving sideways for a while.

now between 1880 and 1890 is on the critical area (as we called fake break out)

so I put my baseline above the 1890$ level. and breaking above this

level means more upward pressure is coming.

or the price could decline to 1860$ support level then start it's upward pressure.

in both scenario we still remain in bull trend.

however below the 1860$ level will push the price downside more.

main support and resistance are on the chart.




Enjoy the market
Trade active
as mentioned breakout the baseline=pump, so my first target 1905 hit. how about next target?... lets see
snapshot
Trade closed: target reached
just 1$ left to hit my last target but I consider it done :)
of course it can turns back upward and even move higher, lets see
snapshot

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.