XAUUSD Possible long setup

FX:XAUUSD   Gold Spot / U.S. Dollar
Prices seemed to be stucked in a downwards channel. There is a good opportunity around the area 1313.50 to setup a long position. If prices head down, we can expect prices to bounce back a bit as there is a area of support and the 50.0% fib levels to hold prices.
Comment: That drop....

Trade active
Trade closed: target reached
Interesting ideas. Thank you Alex!
+1 Reply
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