XAUUSD - POSSIBLE UPWARD RETRACEMENT
Updated
Price might retest the counter trendline before moving further downwards.
Possible re-entry:- 1225
TP1 at the 4H key lvl:- 1242
TP2 at Weekly Res:- 1250
Sl :- 1215
Possible re-entry:- 1225
TP1 at the 4H key lvl:- 1242
TP2 at Weekly Res:- 1250
Sl :- 1215
Note
TP1 reached as it hit the counter trendline. As of now, price can either go further upward to test the monthly res, or pull back down
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