FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Gold had finally retraced to 172x area giving strong rejection and recovery.
The first entry has initiated giving nice pips.

However, I see tha last bullish candles without steam.
I think that the price will retrace again to even 1737 area and then rally up, or approximately to 1727 area and boom!
If the price close below 1700, this will ne be valid anymore.
Trade closed: target reached:
+780 pips in profit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.