XAUUSD LONG

1 בנוב׳ 2023

XAUUSD LONG, this is a trend-following trade from the daily support. The current running candle is showing rejection at the support. Further analyzing the 1-hour chart, a double bottom pattern is visible, and its neckline has broken above. Now, we are waiting for a retest of its neckline.

Entry: 1980.21
Stop loss: 1972.0
Target: 2002.0.