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GOLD BULLS WILL DOMINATE THE MARKET|LONG

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Ouro/Dólar Americano (OANDA:XAUUSD)  
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OANDA:XAUUSD   Ouro/Dólar Americano
Trend Analysis Chart Patterns Wave Analysis Gold LONG buy trading Forex forecast tecnhicalanalysis Bullish Patterns Contains image
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Hello,Friends!

GOLD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of 2048.799.

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