GOLD LONG FROM SUPPORT

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Hello,Friends!

Previous week’s red candle means that for us the GOLD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2060.081.

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We are seeing a good move already so we will keep the trade running!
Bullish PatternsbuyChart PatternsforecastForexGoldLONGtecnhicalanalysistradingTrend AnalysisWave Analysis

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