popesalmon

XAUUSD W LONG LDN 082321

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
LONG ENTRY:
1. HH HL Structure on LTF
2. Multiple rejection of 1777.222 level the past week
3. Break of trend-line
4. Break and retest of sub-minor support as seen on yellow zone
5. 4h strong bullish candle, hinting shifts in market sentiment

Confirmation Candle: Bullish Engulfing
Stop Loss: 30m Moving Average crossover + below sub-minor support highlighted in yellow.