Gold Spot / U.S. DollarUpdated XAUUSD LONG-SHORT
If you took that signal you are now up 300 Pips for our previous logical area of support. Seeing these new potential levels of support and resistance shows me that we have another bullish rally setting up on the 45M TF. Moving our stop loss or taking profit at our current location in price action we are now going to wait and see what kind of reaction we get here within this wave.
Trade closed: target reached
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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.