rizmalik

Gold Long Analysis

Long
FX:XAUUSD   Or / Dollar Américain
As gold broke it's 15 minutes price action trend line all of my long positions are activated now and it seems like it will head towards the 1H upper trend line towards $1283, Traders should keep in mind $1280 is a very strong resistance which gold struggled to break few times now. After $1280 we will wait for further confirmation weather or not gold continues towards $1292 or even further to $1303 (which are quite far to think at this stage). We should also keep in mind mid term trend is still bear and will go down until it hit $1250.

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