TradingOn

$XAU/USD 1M (Oanda) Bullish flag on support

Long
TradingOn Mis à jour   
OANDA:XAUUSD   Or / Dollar Américain
Gold is currently in an big ascending channel and I think it will bounce here and push higher!
I see many people bearish on it but I believe they are wrongly biased.
You can buy some $PAXG (PaxGold) in Binance, it's worth an ounce of Gold!

If Bitcoin rallies I guess the PAXG/BTC pair would go down at first though, so better invest with Dollars instead for now.
Also, before end of bull-run I would recommend selling most Crypto for Gold.
MANUAL TRADE ONLY

Current Price= 1777.230
Buy Entry= 1779.900 - 1721.700
Take Profit= 2274.900 | 2807.200 | 3546.600
Stop Loss= 1525.700

Risk/Reward= 1:2.33 | 1:4.69 | 1:7.98
Expected Profit= +29.93% | +60.34% | +70.32%
Possible Loss= -12.69%

Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 3 years
Transaction en cours:
All entries filled

Gold dipped as planned and is preparing for a big impulse this year in my opinion!
If you don't know how to buy, you can purchase some PAXG (PaxGold) in Binance.


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