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Mr.Pip

XAUUSD LONG (Daily) #34

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Mr.Pip  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
8
0
With a weekly bias in favor of the bulls. I do not mind taking this trade at all.

-Monthly Bias (Bullish)
-Weekly Bias (Bullish)
-Bullish Hammer/Pinbar off of broken resistance now made support
-Closed above Mean

Looking at a 1:5 RR which isn't bad. If the market decides to push further I do not mind looking at a 1:11 RR.
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