FullTimeTrader

XAUUSD-an opportunity to join the rally

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
10
Here we can see an ideal pullback to join this rally.
Looking at W1 chart we see price is doing a pullback to a long term level of S/R

Right now is bouncing from the short term trendline resistance that i expect to be broken soon.

SL would be below the horizontal support shown on chart.

My current EW count also suggest we are at wave 4:

Regards.

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