mstmehmood

XAUUSD - Bullish Trend

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After a deep fall, there seems to be an uplift in the trend. I've identified my stop loss using the same methodology I've been using since I started. Given the trend is new and bullish - I've used the Fibonacci Retracement to find a good entry point. My only concern is that it's already touched that number once. Maybe I should've made an immediate entry. Let's see how this one plays out.
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