Guswin

GOLD - take a break! its still on Bullish Trend !

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
As previous forecast the price did breakout on the retracement 61.8 and currently there is no signage of reversal as long the price does not fall below 61.8 and the corrective pattern may formed above retracement 61.8 and restest the support area $ 1590. Potential to entry Buy - range $ 1600 - $ 1590 Target $ 1781 (Triple Top). Invalid entry if any news pop up related with Corona Virus Vaccines and the price move under EMA 200 TF H4 or retracement 61.8%.
Disclaimer On!
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.