DollarYenQueen

Gold Short-Term Buy

Long
FX:XAUUSD   Or / Dollar Américain
Expecting XAUUSD to continue up for the short-term based on the hourly chart. I have a support at 1870.00 but continued upward motion could see a support as high as price 1889.00. Moving averages seem to be favoring buy motion as well as a weakening DXY. I have based my analysis on the last time Gold saw current price points in mid February of this year.

Buy Entry: 1856.00
Targets: 1859.00 | 1862.50 | 1866.00
Resistance: 1870.00

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