LONG ON GOLD

قبل ٥ أيام

Yesterday we caught the buy off the bottom of the stall out on XAUUSD. We moved our TP to 2625.14 and it was hit. We then waited for the new day and that is when price pulled back into a newly formed demand zone and met all of our entry criteria. Then price met the same buy entry criteria again tonight while breaking all necessary candles with a bullish candle on the 5m all the way to the 1hr TF. We are projecting price to reach 2653.28 but we will be taking our first profit at 2631.32. Once a new entry point is found after the break of that level another entry can be taken to the 2653 zone.