ShinForex1

GOLd confirmed LONG SETUP

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
overall we have an uptrend in higher timeframe. weekly and daily.we see price currently trading on a highly liquidity level trying to fake out people. around 1690.00 . we have multiple confirmation from weekness in the market by the wick or big long tails from the candlestick , respecting the overall trendline for the third bounce.in lower timeframe like 15min we look for a breakout of the consolidation on the wicks are to confirm our entry. stop loss below the previous low and traget around 1722 level