Gold Spot / U.S. Dollar
Long

xauusd long

135
FUNDAMENTALLY;
persistent inflation concerns drive investors to gold
geopolic tensions make gold as a safe haven
cpi came as negative which devalue from the dollar

technically ;
BULLISH TREND
BREAK OF THE SUPPLY AND DEMAND ZONE
A DEEP RETEST ON THE DAILY zone
PRICE ABOVE THE SMAES
HIGH BULLISH VOLUME

PRICE IS ON A MONTHLY S/D ZONE
M LOOKING FOR SHRINKING CANDLES
MULTIPLE REJECTIONS
FEB RETRACEMENT EITHER 368 OR 50
A LONG WICK DOji CANDLE ON THE 4H FOR my ENTRY SIGNAL
1H DOUBLE BOTTOM
30M ENGULFING OR A VARIATION CANDLE

RM;

1%RISK
4.1 RRR
SCALING IN USING BOH setup while trailing in my stops

ps advice :
follow your plan and only
think of the setup itself not the money
manage risk vs reward

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