Spot Gold XAUUSD

Time Frame : 30 Min Chart

Watch for Buy Entry at 1892

Spot Gold found buyers after a flush of the 1889 level and now looks set to continue up and out of contraction. We anticipate that price may clear some stops and trap sellers below 1895 before a bounce. We are happy to buy at 1900 with a Stop Loss at 1892. If price falls below 1892 prior to entry then we will cancel the alert and re-assess the action. Watching for a push up through 1900 and a run to 1910 and above.

Commodity : XAUUSD

Current Price : 1896.6

Buy Entry Price : 1900

Stop Loss : 1892

Status : On watch for a break above 1900