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pliger4
Feb 16, 2020 12:20 PM

XAUUSD BREAK AND RETEST  Education

GoldOANDA

Description

Here we have a simple break and retest.
Gold broke above resistance at 1573.
Came back retested as support created a morning star candle on the 1 hour time frame.
Before the opening on London, this was a clean and easy setup.
The confluence of different time frames was also another indication to buy.
You could have secured at least 80 pips before market close.
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