Norsefx

Buy gold on retest of structure/weekly trendline retest.

Long
Norsefx Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
4
Good risk reward opportunity coming up in gold.

Price broke a weekly trendline.
Looking to go long on the retest of the structure level (grey box)
We also got the trendline and the round 1200 number to help us on this trade.

I will not attempt to fade this rally on gold.

Limit long: 1202
SL: 1177
Target 1: 1248
Target 2 (optional): 1299
Comment:
Consider taking partial profits in this area. Rolling my stoploss to breakeven.

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