ForecastCity_Turkce_TR
Long

A trading opportunity to buy in GOLD

FX:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1357.42). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. Gold is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 1433.50
TP2= @ 1526.88
TP3= @ 1625.63

SL= @ 1333.00
http://www.ForecastCity.com/tr

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Bro.. GOLD follows you :D
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always enjoy your posts. You are one of my favorite analysts!
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