Gold According to daily chart LONG
Updated
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Idea is to wait for gold and proper sentiments because the level at which the major resistance is at 1098.75 and support is around further bulls interest of Bulls will be at max 1110 according to new channel and fibo development .
According to Traders Commitment The further move only be for upside above 1077
so long could be initiated shortly with subsuming 1075 as a safe stop loss target 1) 1098(+150 pips) 2) 1110 (+300 Pips)
Idea is to wait for gold and proper sentiments because the level at which the major resistance is at 1098.75 and support is around further bulls interest of Bulls will be at max 1110 according to new channel and fibo development .
According to Traders Commitment The further move only be for upside above 1077
so long could be initiated shortly with subsuming 1075 as a safe stop loss target 1) 1098(+150 pips) 2) 1110 (+300 Pips)
Trade active
as we have reached the level of 1076 the time is to long for xauusd targetting 200 pips for 1099 further interest could lead to 1110
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