XAUUSD is correcting. Wait for the the right buy entry.

Gold is trading inside a (30m) Channel Up.
At the moment it has already topped and is on its bearish wave.
The last one hit the 0.382 Fib and then rebounded.

Trading Plan:
1. Buy on the 0.382 Fibonacci level and as long as the MA100 (30m) holds.

Targets:
1. 2940 (-0.786 Fib like the last High).

Tips:
1. The RSI (30m) will also give a buy signal at 40.00. You can use it as a complementary indicator.

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