EliteTradingSignals

GOLD LONG FROM SUPPORT

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello,Friends!

GOLD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 2356.045 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the GOLD pair.

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Comment:
We are seeing a good move already so we will keep the trade running!

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