XAUUSD H4 Trendline Retest
Updated
Gold is currently consolidating at the bullish trendline. Entered longs with stops just under the lows with a 2.0 R/R target. If the trendline breaks then look to sell with targets at the last swing low.
Trade active
Note
Forgot to mention that I am using the E-mini since it tends to show price action a little more clearly than XAUUSD. The instruments are basically identically so trades can be taken on either.Trade closed: target reached
Target reached (limit order exit)
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