Mayvune
Long

XAUUSD - Long Entry on Support/POC

FX:XAUUSD   Gold/U.S. Dollar
127 0 5
2 months ago
This Zone is the strongest accumulation Zone also seen in the Volume Profile on the left, while holding the Support (green dots) it's quite safe to enter a short Term long here and wait for a good Entry on lower TF (2h- 4h).
There is one Resistance Point before the Target that would be 1294.64, so this could be TP1 and TP2 the final target at 1344.25.
Bullish Momentum is still there as seen in the 2nd panel, Bearish Momentum is just an Extreme and not out of norm yet, so we buying the dip here.
a month ago
Comment: Trade still looks good, but i'll take off 20% of my postion here on previous Resistance
a month ago
Trade closed manually: on election day closed.
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