TraderNeoh

XAUUSD (Gold) - Great Buy Yesterday! What's Next?!

OANDA:XAUUSD   זהב / דולר אמריקאי
Hi Traders. The recent setups on Gold has been very blessed. I talked about buying opportunities at 1680 anticipating a complete reversals at the key multi-year support. Market rejected 1680, then I talked about further long opportunities at 1713 and 1740, both of them were very accurate with decent RR.

As now Gold is still moving up healthily, I do expect further rally up towards 1780 - 1790.

But, be aware that we're still technically going against the long-term flow (Bearish), can we expect a complete reversals back towards 2000? Possible, but it will require more confirmations.

Let's remain flexible and reactive.


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All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.

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