Gold Spot / U.S. Dollar

Long

Wait for final pullback

Updated

Long Bias - Expecting pullback 1277-1270
~ SL below monthly Support
~ Daily Timeframe

Trade active

1270 Triggered
1268.30 SL

Note

snapshot

As we can see above screenshot, price broke sub trendline but cannot break monthly support atm. If price trading below monthly support, possible for gold to retest major support at 1241.

Note

Gold must sustain above 1277 to continue bullish

Note

snapshot

Hourly one still cannot bypass 1277 for today action

Note

My concern for today 1279.49 since we have offer at this level.

Note

Hit SL 1268.30. We break monthly support at 1269.

I'll stick to this plan

snapshot

Trade closed: stop reached

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