Gold Spot / U.S. Dollar
Long
Updated

Bullish Trading Setup on XAU/USD

83
Gold looks to poised for more gains, might run into some resistance around $2784-$2790 but overall since bullish trend line support seems to be intact for now. We will look for a breakout and targets around $2812 & $2868. Risk to reward on this is 1:2.

Entry: $2756.00
Stops: $2700.00
Targets: $2812 & $2868


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Note: Financial Markets carry a great risk. Manage your positions wisely. This isn't trading advice. The setups I post are my own perspectives and how I view the markets after personal analysis of market structures and price action.
Trade closed: target reached
Update: 2nd target at $2868 achieved. (1120+ Pips) booked with this trade setup.

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