ProfitClubFX

GOLD | BULLISH TREND APPEAR

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Forecast: We have gold that tonight reached 1802 and I wanted to show with you a possible very nice trade, so as you can see on the left in the chart that ranging was an accumulation of Wyckoff before going up to 1960 and what I am noticing now is that it is doing another possible accumulation and the drop to 1802 of this night was the second test in the second phase (I call it STB) now if it respects the purple area that I have put in the chart and it will drop from there to make a new low get ready for the gold that will reach 2000 again.

Many confluence confirmed UPTREND Then Downtrend

Thanks to all those who have followed me and liked my post.
Special thanks to all those who DM me and commented on my analysis

wanting to know more about the trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.