OANDA:XAUUSD   Gold Spot / U.S. Dollar
On the dollar, we have a bullish setup with the price breaking upwards past three swing highs, creating a very significant demand zone. In fact, between the levels 1924 and 1914, we have the last bearish candle before the upward movement. This means that I will be looking to initiate a buy right within that zone. Naturally, once the price retraces to that area, I will patiently wait for a bullish m15/h1 setup to form, allowing the price to confirm my setup!

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