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Gold (XAUUSD)
Long

XAUUSD-bias long

By gouthamkulal1
Updated
gold is in bullish trend and respecting MA in hr time frame and breaking trend line resistance at 2711 .Formed hammer candle in hr and also forming inverted head and shoulder , MA 21 respecting the bullish engulfer candle indicates bullish movement.Hence going with Long trade .
Trade plan bias long @ 2711.5
SL:2701
TP1:2721
TP2:2731
Trade active
TP1 Hit and SL to BE
Trade closed: target reached
Chart PatternsHarmonic PatternsTrend Analysis
gouthamkulal1
t.me/gouthamkulalFx
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