Gold Spot / U.S. Dollar
Long
Updated

XAUUSD buy zone in 1h break of structure

682
Last 3 days of past week XAUUSD had a strong uptrend with bullish momentum. From 1h perspective we have seen price had a bounce, and there is no significant break of structure on the lower timeframe, which means, as with the new market open, any break of structure is an opportunity to go long. Expecting to test the previous swing low is a zone where we can look for for potential entry to ride the trend.

Will wait for price action confirmation on market opening.
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XAUUSD Has got rejected as expected!

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