TargetFXX

GOLD time to make a decision

OANDA:XAUUSD   Spot Altın/ABD Doları
Gold has had some incredible volatility recently due to various economic news.

From a technical standpoint, we are approaching an area of interest where we may either see a breakout or a reversal from the 1830-1840 level, where price has reacted significantly in the past.

We have 2 trade ideas for Gold .

LONG Trade idea:
Watch for a breakout and then a retest of the structure level for a move higher.
Take profit: 1900 for first target (recent highs)
SL: Below structure level

SHORT Trade Idea:
Watch for a rejection of the structure level
Take Profit: 1720 - 1680
SL: Above structure level

Please use proper risk management and do NOT over leverage.

Goodluck and as always, trade safe!
Feragatname

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