Oro / DollaroLong
Gold Short-Term Buy
Expecting XAUUSD to continue up for the short-term based on the hourly chart. I have a support at 1870.00 but continued upward motion could see a support as high as price 1889.00. Moving averages seem to be favoring buy motion as well as a weakening DXY. I have based my analysis on the last time Gold saw current price points in mid February of this year.
Buy Entry: 1856.00
Targets: 1859.00 | 1862.50 | 1866.00
Resistance: 1870.00
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Buy Entry: 1856.00
Targets: 1859.00 | 1862.50 | 1866.00
Resistance: 1870.00
Be sure to like this post and let me know what you think in the comments below.
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