ProfitClubFX

GOLD | Strong Rejection

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
FORECAST: Price bouncing from previous support and fibo rejected from 50 and making uptrend wedge so we can expect temporary uptrend and can target 1719 & 1724, lets wait for the pivot to break to decide the entry.

Many confluence confirmed Uptrend.

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.