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ForecastCity_ME
Apr 1, 2021 6:36 PM

💡Don't miss the great buy opportunity in Gold (XAUUSD) Long

FX:XAUUSD1D
Gold/U.S. DollarFXCM

Description

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Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (1680.40).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.

Take Profits:
TP1= @ 1755
TP2= @ 1815
TP3= @ 1875
TP4= @ 1950
TP5= @ 2000
TP6= @ 2074

SL= Break below S2

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ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsGoldXAUUSDXAUUSDBullish Patterns
Comments
yusufipek1989
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Clear and effective setup!
ForecastCity_ME
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@yusufipek1989, Thank you for your comment. We appreciate it 🌹
Megan_forex
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Looks good to me. Thanks for sharing
ForecastCity_ME
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@Megan_forex, Thank you for your comment. We appreciate it 🌹
yesbanker
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I took your advice on bnb and it worked perfectly. I am going with gold now
somu333
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thank you for signal
YashLadia
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Isnt the upper trend line weak. It has only 2 touch points
Ar1un
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Which trading platform you use
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