mmjotic

Potential break of downtrend retracement - Gold JPY

Long
OANDA:XAUJPY   Gold/JPY
Potential accumulation on hourly time frame. Looking for price to use prior month low as support level along with support level drawn on hourly chart.

Still in the infancy stages. Next month could see the uptrend resume. Could be a good entry for a few month hold.

I love that large reward to risk 10+, 20+, 30+


XAUJPY

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