Lingrid

Lingrid | GOLD potential long position from SUPPORT

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price perfectly fulfills my last idea. The market smashed the target. It formed an expanding triangle pattern that means indecision in the market. The price is currently ranging around the 2000 mark. It made an impulse bullish move by rejecting the support level. In my opinion, the previous support, which was tested before, is a good area to take a long position. My goal is the resistance zone at 2010 - 2011 if the support holds the price.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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