TraderNeoh

XAUUSD (Gold) - Great Time To Buy Right Now?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi Traders, yesterday I talked about buying opportunities around 1715 area, which was actually a decent one, not lots of momentum but still went according to plan.

Today's setup will be similar, I'll be looking for buying opportunity around 1719 - 1720.

If price rejects the minor support, then the setup is valid, I do expect more volume/ momentum to setup in, pushing price towards 1740 - 1745.

However, if price just completely ignore 1719 - 1720, then the setup is invalidated.


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