mmjotic
Long

Bullish Gold EUR

OANDA:XAUEUR   Gold/EUR
Price leaning against downward trendline

Downtrend has been weak. Could be a good point of inflection.

Bullish bias based on higher time frames.

Entry is aggressive on breakout of box drawn - lots of price action above current level. Anticipating clean move up otherwise keep this one on a short leash.

Better setups coming to upside potentially.

0.5% risk per trade of 1% if you're feeling lucky

Comments

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