XAUUSD Possible long setup
Prices seemed to be stucked in a downwards channel. There is a good opportunity around the area 1313.50 to setup a long position. If prices head down, we can expect prices to bounce back a bit as there is a area of support and the 50.0% fib levels to hold prices.
Note
That drop....Trade active
Trade closed: target reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.