XAUUSD opportunity for dip buying.

Gold is trading inside a Channel Up with the current sequence being the bearish wave.
It is already below the 0.5 Fibonacci level and we expect it to dip at a maximum of 0.786 Fib, which is where the MA200 (1h) is expected to support.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 2665 (Resistance 1).

Tips:
1. The RSI (1h) is about to hit the 30.00 oversold limit. This is an additional buy signal.

Please like, follow and comment!!