rajenderam40
Long

Support Around 1096.

FX:XAUUSD   Gold/U.S. Dollar
74 0 1
Long Positions Above 1096 With Targets @ 1105 & 1110 In Extension.

Comment: intraday technical indicators are mixed and call for caution. Indeed, prices failed to accelerate after the upside breakout of the 1105 area and a break below 1196 would validate a Head and Shoulders: a bearish reversal pattern.
Trade closed: stop reached
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