XAUUSD long setup

٣ يناير ٢٠١٧

• Broke previous descending channel and started trending upwards
  
• Price has been respecting the upward channel with a possible re test around the 61.8% level which slightly lines up with previous support and 55 EMA
  
• Pending order placed at 1146.61 with 2 potential targets in mind
  

XAUUSD