FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Okay so, gold has been on the super bullish mode for quite some time :)

Many are saying that it is due for retracement yes it is but according to us it might have some extra room for upside. It did some retracements to 1940-1950 region many times this week and we have found another h&s pattern on 4hr chart and on daily chart also showing a bullish breakout weekly still bullish and monthly too.

**There are confirmations on above breakout on all timeframes** DO NOT SHORT IT THIS TIME

Now, what must be our strategy in this scenario...

If you have any longs open then you did a great job keep them open for now but if you haven't then we can open a long position on Monday according to 4hr chart price action and our first target will be 2000(approx.) 2nd we are not disclosing it here... for that, you might follow me on telegram ;)

For any further assistance, you can contact me on telegram - @nikhil7027 (HAPPY TO HELP)

Now, if you like my analysis then do leave a like and tell me what you think in the comment section!!!

Comment: Approx +300pips running Contact me for more signals on telegram - @nikhil7027


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out