XAUUSD Technical Analysis: APPROACHING SUPPORT LEVEL

13 May 2020

WELCOME TO MY PAG AND AS ALWAYS, FEEL FREE TO LIKE AND FOLLOW FOR SUPPORT IF YOU LIKE WHAT YOU SEE = )

I definitely see GOLD going LONG after a short temporary dip to the green support line, if the long time ascending channel holds. (This channel has so far, been very well respected.)
Possible LONG opportunities: TP1 @ 1709, TP2 @ 1714, and TP3 @ 1721

Remember to place stop losses and trade carefully!
Like and comment on your thoughts and feedback!

Regards,
GOL D ROGER

13 May 2020

Not

Also to be mentioned:

A descending wedge can be seen to have formed in the H1 Time Frame, traditionally a bullish sign. I would put more of my money on GOLD LONG

13 May 2020

İşlem kapandı: hedefe ulaştı

Breakout of wedge hitting TP @ 1706
Trade closed with profits, expecting a pullback to the triangle from 1706