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Gold Spot / U.S. Dollar
Long
Updated

GOLD Approaching Key Support

1 870
snapshot

Gold is entering a wide zone of demand.
many gold euphoria traders will buy this level expecting 1000% growth till Christmas.

I am also will be looking for a long trade,
but just a bit more conservatively.

I will be waiting for a bullish breakout of a rising wedge on 1H chart to buy.
Stop will be below the lowest point of the wedge.

T1 - 1513
T2 - 1535

*if the market closes below the zone,
setup will be invalid
Trade closed: target reached
That’s a heat
VasilyTrader
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Chart PatternsCommoditiesForexfuturesGoldTechnical IndicatorsMetalsoptionsTechnical AnalysistradingTrend AnalysisXAUUSD

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Chart PatternsCommoditiesForexfuturesGoldTechnical IndicatorsMetalsoptionsTechnical AnalysistradingTrend AnalysisXAUUSD
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Related publications

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.