ClaiFX
Long

GOLD SPOT IN A GOOD POSITION FOR A LONG

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
The position was taken because of the following aspects:

The trend is bullish , and we were waiting for a retest in the $1348 zone so we can take a quick long to a very important level found in $1365.
Besides, the upside trendline hasn't been broken so it is another confirmation for us to take that long trade. Furthermore the fibonacci tool has a previous retest in 50% and 38%.

Our target zone: $1365.00
Our Stop Loss: $1339.30
R/R: 1.75
Trade closed: stop reached
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