Mihai_Iacob

Gold- strong bull leg to follow

Long
OANDA:XAUUSD   Or / Dollar Américain
Gold was traded in a range last week, with a low around 1790 and a high around 1820, and every time I don't have an idea of the short-term direction, I look at a long-term picture.
And, on the weekly chart, we can clearly see that the trend is up and, at this point, we also have a higher low in place marked by a pin bar 2 weeks ago. Also, this pin bar is in line with an important support at 1750.
That being said I will look to buy Gold next week for short-term speculation.
Swing traders can also look to buy dips with a target at 1950 and a stop loss under pin bar's wick


🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.