XAUUSD 1Hour Signal Chart

Follow signal progress on the chart below.

SPOT

SPOT Gold Ounce vs US Dollar 60 minute chart (click on chart to zoom)

XAUUSD Comment

Good afternoon , This is our view regarding the SPOT Gold Ounce vs US Dollar pair, following the early European session today Friday October the 13th. By: Serena Adams – www.lionsignals.com

The SPOT Gold Ounce vs US Dollar pair, Has surged higher during the European session this morning. With the pair gaining nearly 13004 pips, it continue’s to move up in a strong BULLISH trend as it did in the past days ( view Daily chart below ).
On the other hand, XAUUSD is holding well above the long term 200 days simple moving average (thats why we dont recommend any short trades on the XAUUSD for the coming days).
The 50 and the 20 days simple moving averages are also confirming continuation for the well established BULLISH trend.
CONCLUSION: [We highly recommend to avoid trading XAUUSD for today Friday as we might be de aling with a choppy falling correction for rest of the day.] However As per above general BULLISH trend; Only Long trades to be considered following completion of any counter trend falling correction on the 60-minute chart.

▲ Buy Signal Details

Time Fri 2017.10.13 15:50
Pair XAUUSD
Buy@ ▲ 1300.7000
Stop @ 1293.58000
1s TP @

None Re-check for Update!
2nd TP @

No 2nd TP!

SPOT Gold Ounce vs US Dollar Buy signal information table


XAUUSD Chart

XAUUSD Daily Live Chart


(Note: This conclusion is only valid as long as price is holding above the 200 periods simple moving average (red dotted line) on the 60-minute chart,
A Long signal is available now for review on the right )

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