Gold Spot / U.S. Dollar
Long

Gold Getting Prepared to Reach the 1890.95 Level ๐Ÿš€๐Ÿš€๐Ÿš€

259
๐Ÿ’ก Trade Idea

๐Ÿ“ˆ Buy Limit XAU/USD @ 1862.41

๐ŸŽฏ Target Profit 1890.95

๐Ÿ›‘ Stop Loss 1848.13

โŒ Do not risk more than 1 % of your account on each trade

๐Ÿ™‚ Good Luck !

Description:

The price was in a clear downtrend until it reached the daily support @ 1822.90 by posting a double bottom which might lead to a reversal. A lower correction might be seen to the neckline before the price move upwards to the 1890.95 mark.
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