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Gold Spot / U.S. Dollar
Long
May 8, 2021
XAUUSD Long towards 1849/1898 levels.
2
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4hr - Bullish Hammer Candlestick indicating next candle to be bullish.
1hr - Bullish Hammer Candlestick is also seen, Also, Ascending Triangle also seen.
Price heading towards support/resistance 1849 - 1898
Buy Stop placed at 1838.
Stop Loss at 1825
Take Profit 1 at 1849 and Take Profit 2 at 1898.
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