XAUUSD Buy Entry
This is what guided me in taking gold. First, we had an engulfing bar, which was also a break-out bar. That was the perfect entry but I was not online. So I waited for a late entry. The trend line that was also acting as resistance was broken. Then it was retested by several bars...we then got a railroad to show bullish strength and lastly came a breakout bar that started off by retesting our trend line, now support... There is never a sure trade in FX. So we look for confluence...many things aligning in our favor.
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