Gold Spot / U.S. Dollar
Long
Updated

XAUUSD long idea analysis

4 572
Hi traders,

Have a look at my analysis of the almighty Gold. As small traders, we do not know where the market is heading to but we can draw a few trendlines and levels to see where the supply and demand areas are.

Good luck and trade safe.
Note
snapshot

A possible reversal has taken place a little earlier than expected. We need a second weekly green candle close to reach target 1986. Let's go.
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snapshot

Daily close above weekly resistance, we will fly to 1986.

2x positions running 5 lot each from 1885.
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snapshot
Trade closed: target reached

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