Gold Spot / U.S. Dollar
Long

XAUUSD Buy setup at 1215-1212 H4

167
Gold is still moving within bearish descending trendline , current price bearish sentiment is respecting trendline techs.

A highly possible bullish breakout at the end of this bearish channel is expected, wait on breakout and retest to buy from 1215-1212, towards 1265 first TP.

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.