XAUUSD / Gold - long

30 Nis 2017

Gold - long

Not a typical one but one that caught our attention.

1. no great daily, potential hidden treasure
2. intraday falling wedge breakout
3. bullish MACD divergence
4. decelleration
5. 1260 historical weekly key level acting as support
6. trend

*Potential to take to the daily fib level for a short term target if Price action goes well.
*Going to look for intraday trend change to be confirmed

1 May 2017

Not

UPDATE: No trade taken, no orders or live entry, was looking for trend change (as mentioned) with nice intraday rejection (didn't happen), price dropped before London session and popped higher making a lower high and make the potential trade null and void.