Gold Spot / U.S. Dollar
Long
Updated

LONG XAUUSD

84
I observe that the overall trend is up — both the secondary and primary trends are bullish. This pullback has created a failed swing high but hasn’t formed a new lower low, and price has now entered a value zone for buying.

I'm waiting for this candlestick to break the minor trend, which would provide bullish confluence across the primary, secondary, and minor trends according to Dow Theory
Trade active
snapshot
Break even if this channel is broken

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