Don't miss the great buy opportunity in XAUUSD

FX:XAUUSD   Gold Spot / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1719.52). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 1735.40
TP2= @ 1742.60
TP3= @ 1764.73

SL= Break below S2
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Thank you!
+1 Reply
@Kristalyn, 👍
+1 Reply
Great stuff
+1 Reply
@Kamryn, Thanks
+1 Reply
Love the clean analysis, very nice
+1 Reply
ForecastCity_Turkce_TR DenizKilicDeniz
+1 Reply
Nice and simple
+1 Reply
@Mehmetozdemi, Thank you
+1 Reply
thanks for your ideas
+1 Reply
@Shiva_forex, you're welcome
+1 Reply
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