XAUUSD LONG
as we can see xauusd is moving in a channel and it also has made beautiful HH's and HL's now we can also see bearish rejection at our trend line , we are also having spinnig top (doji) and this is a sign of reversal in trend today is friday we had FOMCat 5:30 maybe and market made a bearish move in accordance with fomc maybe but now we can think about buying from the touch of trend line this zone is very crucial for this setup if price reaches 1765 it will be a potential buy and tp1 will be 1788 and then we will wait for the break out of level and next target will be 1802 to 1805
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.