XAUUSD : Gold buy entry (H1) -- Risk/Reward = 8

FX:XAUUSD   Gold Spot / U.S. Dollar
Hey guys !

Here is a nice potential entry on gold .

Accumulation of :

- Support zone / FIB confluance
- Bullish channel
- Oversold + EMA 100
- Standard deviation
- Trendline / triangle retest .

+ Daily analysis below

Good luck !
Trade closed: stop reached
** Put your stop Loss in profit when first target is hit **

You can follow me if you want more high probability setup !

+1 Reply
You have a perfect entry zone for the short term. The target is definitely yesterday's high. Check a similar outlook on the medium term:

+1 Reply
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