XAUUSD long setup

119
  • Broke previous descending channel and started trending upwards
  • Price has been respecting the upward channel with a possible re test around the 61.8% level which slightly lines up with previous support and 55 EMA
  • Pending order placed at 1146.61 with 2 potential targets in mind

XAUUSD

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.