Spot Gold XAUUSD Long

OANDA:XAUUSD   Gold Spot / U.S. Dollar
On the 15-minute chart with a volume profile overlaid, XAUUSD broke down from

a head and shoulders pattern and trended down into a double bottom.

Stop Loss and 2 targets are labeled on the char along with supply and demand zones.

I see this as a long swing to take on the forex market with using some leverage

in conjunction with risk management in the trade including adjusting the

stop-loss once the price reaches some unrealized profit and closing a part of the

position once the first target is reached.


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