marcomihaicondrache

GOLD / XAUUSD long idea

Long
CAPITALCOM:GOLD   Gold
Price is just consolidating above 1875 support after yesterday liquidation.

Consolidation above support or below resistance always (90%) means rejection, so i expect a new high to be made near 1925.

Price also started making higher lows (HL) meaning that the next direction could be up.

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Comment:
Moved stop loss at 1870
Comment:
Price just reject 1875 another time, up rally confirmed
Trade closed: stop reached
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