Gold Spot / U.S. Dollar
Long
Updated

XAUUSD likely to head to 2044 and then 2055

129
The price is at hourly support now and may aim for 2055 area. After that it is likely that it will move down towards the support zone 2016 which will provide a good long opportunity. The price might also reverse from 2044 so good idea would be move the stop loss to break even and/or book some profit once it reaches there.
Trade closed: target reached
So the target is achieved. It may go higher from here but I will look for the next setup later. One is definitely long setup if price visits 2016 level.
snapshot

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