FUNTRADER-Vera

2605 WKP3 GOLD might retest 1765 again

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

Yesterday is US and UK holiday.
Gold is ready for a new move after this holiday.
On weekly chart, a warning signal inside the BB is not a strong signal for sellers yet, even though GOLD is making a triple RSI DIV now.
Gold might retest recent high or make a fake breakthrough before a strong correction.

On 4h chart, GOLD has found a support now and might moving up first as expected.

Good luck on trading GOLD.
LESS IS MORE!

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