XAU/USD Price Action Analysis ~ More Upward Trend is Coming

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has broken the falling wedge with strong candles and a proper volume . The Bearish SFP in the end of the bullish trend , indicates that a retracement for a furthermore uptrend is coming. Entry is the place of pullback and destination is the Fibonacci Extension .‬

Entry: 1314
SL: 1279
TP-1: 1346
TP-2: 1396
R/R: 2.34

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‪The ideas published here are not financial advices. ‬
Order cancelled: The price did not visit the entry but the logic has worked. Next time.
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