Gold Spot / U.S. Dollar
Long
Updated

Potential buy for Gold ??

140
Reason to Buy

1) Long-term downtrend-line has been broken with a strong breakout candle = uptrend
2) Strong rejection from 1212 support = engulfing candle

Two possible entries

1) Buy from near-term support
2) Inside Bar + strong breakout + pullback (Inside bar formed below resistance)

Stay tuned!
Trade active
Bought.

Tp1 at previous high
tp2 around 1260
Trade closed: target reached
Tp1 hit while remaining breakeven

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