Gold Spot / U.S. Dollar
Long

XAUUSD - POTENTIAL LONG ENTRY

XAUUSD - Price trading inside short term bullish. Impulse Long entries can be taken once price retest the previous high region whereby a retracement would happen before a bounce to the upside and break it's recent high. Once price rejects that area, we can look at immediate market execution.

TP can be placed just before the recent low before it retests and make it back down.

TP - Green Zone
SL - Red Zone

R:R Ratio - 1:6

Disclaimer