Gold Spot / U.S. Dollar
Long
Updated

XAUUSD Long Position Analysis

245
There are two setup for gold.
I think if price break that support area, it's possible to come to these specific and then we should wait for a shift to the upside.
Lets see what will happen...
Note
we have a kind of double bottom in 5min TF. wait for the retest and then a bullish CHoCH in 1min TF.
please consider the risk management.
Good luck.
Note
We had a great retest on 5min double bottom and now we are going up as I expect.
Please consider the risk management.
Good luck...
Note
Partial exit and SL to BE
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.