XAUUSD - LONG till 1894

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KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account

⏳ 1 day - Chart analysis



LONG
Don’t risk more then 2% of your total account -


Trading with a bullish channel formation - bearish divergence can be seen on 2 hour chart

Often the price gets exhausted bullish momentum or at least a lower correction is possible

Expecting a reversal in this move -

Support - 1828
Resistance 1935

61% fib retracement at 1894
78% fib retracement at 1914

± HAPPY TRADING