hyryda

GOLD LONG - TRADING RANGE

hyryda Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi everyone, this is in continuation to my last 3 ideas in relation to gold which have been correct trades. (Please see related idea links)

I see this as a trading range and an upswing coming up now to the top of the Trading Range channel. I'll be looking for a failed breakout and then look for some short moves. I'll gauge how price moves and try to ride it up with tight stop in the case that price breaks out of the trading range.
Comment:
Approx 200 pip target

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Sorry here we go, better view:

Trade active:
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Keep in mind guys that this could turn into an uptrend as we can see on this Daily Chart.
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Please LIKE this chart idea and FOLLOW me via my profile for support and further chart ideas/analysis.

Thanks!! :D
Comment:
Up we go!
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