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Lilie-Lily

Wait for final pullback

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Lilie-Lily Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
10
0
trendanalysis
Long Bias - Expecting pullback 1277-1270
~ SL below monthly Support
~ Daily Timeframe
Trade active:
1270 Triggered
1268.30 SL
Comment:
snapshot

As we can see above screenshot, price broke sub trendline but cannot break monthly support atm. If price trading below monthly support, possible for gold to retest major support at 1241.
Comment:
Gold must sustain above 1277 to continue bullish
Comment:
snapshot

Hourly one still cannot bypass 1277 for today action
Comment:
My concern for today 1279.49 since we have offer at this level.
Comment:
Hit SL 1268.30. We break monthly support at 1269.

I'll stick to this plan
snapshot
Trade closed: stop reached
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