Trade update:XAU/USD analysis

By danresdidualfx
Updated
price could tap the dynamic resistance $1342.93 and have wicks rejecting that zone before price reverses and rallies to the targeted downside of $1320.00
Trade active
Trade currently running in profit after that rejection on which I precisely re-entered, risk-reward for this trade is great
Trade closed: stop reached
Price is rallying to key yearly highs of resistance/supply
Chart PatternsFibonacci Retracementmanipulacionpsychologicalroundnumberreversalspike-tradingSupply and DemandTrend Analysis
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