EliteTradingSignals

GOLD BUYERS WILL DOMINATE THE MARKET|LONG

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello,Friends!

GOLD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 2325.075 area.

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Comment:
This pair is unstoppable so we are waiting for the TP!

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