Gold Spot / U.S. Dollar
Updated

Gold returns to its original nature. Price increase towards 3400

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✏️XAUUSD is back to its inherent uptrend. Currently trading in a wide range. Shaped by CPI news last week. Trendline is still supporting Gold price towards 3400 next week. Pay attention to the important zone 3373 to DCA BUY and do not SELL when breaking this important zone 3373. Effective trading strategy is to wait for Gold to correct and buy.

📉 Key Levels
  • Support: 3343 - 3322
  • Resistance: 3373-3400
  • Buy Trigger: Rejects the support zone 3343 and reacts to the upside
  • Buy Trigger: Rebound from 3322
  • Target 3400


Leave your comments on the idea. I am happy to read your views.
Trade active
Price has reacted at the support zone 3343 and is heading towards the first Target around 3375
Trade closed: target reached
BUY Trigger rejects the support zone 3343 + 200 pips
Note
Hit FULL TP 3400 for this BUY Strategy
Note
update new strategy soon

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