On XAUUSD, we have a long setup that, after creating false lows around 1935 and effectively spiking on a demand zone, the price has risen, breaking previous highs and creating a perfect long setup for a trade entry. All of this follows the Forex48 strategy. Therefore, I entered the position at 1940 with a target of 1981.

Let me know what you think.

Happy trading to everyone.
ForexFundamental AnalysisTechnical IndicatorsLONGpriceactionservicesetupsignalsstrategyTrend AnalysisXAUUSD

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