XAU/USD
We have seen gold falling drastically after it broke the M pattern whose neckline was 1907 on daily Tf.
Now we can see a double bottom forming in 2 hr Tf on a support of daily Tf.
So we can consider it as a good support and look for long entries.
Entry 1 : 1825
Entry 2 : 1830
Stoploss : 1815
Target 1 : 1860
Target 2 : 1885
Now we can see a double bottom forming in 2 hr Tf on a support of daily Tf.
So we can consider it as a good support and look for long entries.
Entry 1 : 1825
Entry 2 : 1830
Stoploss : 1815
Target 1 : 1860
Target 2 : 1885
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