GIgor_021

XAUUSD: possible scenario, waiting for better price.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
US-Iran conflict might still be the strengthening cause for risk-off instruments.
Waiting for better price in XAUUSD and buying from the zone between 1506.3-1521 looks much better.
You can notice that a yesterday candlestick was kind of a shooting star, which is a known pattern in technical analysis and in this case might give correction in price before going long.
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