XAUUSD LONG

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As gold is in a Short term trend, The question is why i am saying that it has the potential to go #Long. Now, as gold has recently break its level at 1730.00 which indicates that it is gaining momentum. Second, gold makes a double bottom which indicates that the price is taking support at 1704 which can result in hikes of price, resulting in testing it supply zone.
First supply zone at 1730 and second supply zone at 1760, which is indeed a good zone to place your sell orders.
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Chart PatternsFundamental AnalysisGoldgoldsellgoldsellsignalTrend AnalysisXAUUSDxauusdsellxauusdshortxauusdshortsetup

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