Hello everyone,


Today I'm posting this idea, for me it a 4 + Reward.

On daily and weekly frames, gold hit the top of fibbonaci level.

On daily we have already a short candle.

I m already entered in this trade and I'm waiting the new york session, in my opinion that will be the most volatile movement and we can expect testing the next support line around 1600 -1596 but for me this is the long term trade but you can close with a lot of profit for today.

In my opinion after the GOLD will test that area we can go on long and he can reach 1700 for sure but also we must be patience.

A short recap:
I entered in this trade at 1654 but you can enter now, it ok, you still can take a lot of profits.
My TP it is at 1602 and my SL it is at 1660.
I'm trying to build up a community for long term investment with free education and free ideas and trades let me know if you want to be a part of it !

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Have a great day and also if ypou like my ideas please hit the like and follow button, thank you for your time!
Chart PatternsGoldTechnical IndicatorsnewyourksessionshortshortsetupTrend AnalysisXAUUSD

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