ForexTrendline

Wait for a breakout and then buy!

Lång
FX_IDC:XAUUSD   Guld / USA-dollar
Yesterday we saw an upside impulse on gold. It's more likely to see a continuation today.
This is a nice trading opportunity for this day ahead.

But before we make an entry we recommend to wait for a breakout of previous high.
This way we will have a confirmed entry.

After a breakout and a retest we will expect price reaching next resistance zone around 1840.

Pay attention that this is a 30m chart and don't forget about what's going on on the higher timeframes!

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