OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello again guys. as I mentioned in previous post the price of gold rallied only to get to the first 5Min resistance and pushed lower from it. at this point I'm looking to close my short in lowest box "final target" where simultaneously I will open a long position. tbh I have no clue what drives gold in the higher time frame so this buy is only considering the 15 Min time frame only, not to forget location wise its the perfect place to buy in my opinion.
if the stop loss is hit I will change bias to short again.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.