GOLD USD Long / Xau Usd
Updated
GOLD made a 100% retrace and retested the previous lows
A rejection with a stop hunt confirms the bullish price action
slightly debatable Double Bottom , the wick down was stop hunt in my opinion
Risk/Reward is good for this trade so long opened with profit targets
Always DYOR
DXY solid daily hammer also shows that Gold is a buy for now
A rejection with a stop hunt confirms the bullish price action
slightly debatable Double Bottom , the wick down was stop hunt in my opinion
Risk/Reward is good for this trade so long opened with profit targets
Always DYOR
DXY solid daily hammer also shows that Gold is a buy for now
Trade active
Note
Stop moved to breakeven slNote
Nice—took 50% profits hereRest running on breakeven sl
Trade closed: stop reached
Stoploss hit on breakeven
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