Gold Spot / U.S. Dollar
Long

XAUUSD LONG TRADE IDEA

80
Clearly, Gold took all sell side liquidity and fell to the daily support zone, all i am looking for is a break of structure to the up side and then I am going long.
I'm targeting a simple 2R but you can target more. 2639 is a good place to target [4.5R]

ENTRY PRICE- 2616.9
TAKE PROFIT- 2627
STOP LOSS- 2611.7

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.