Gold Spot / U.S. Dollar
Long

Gold Long Position

155
Key Levels: 1755.960, 1764.524, 1789.640,1832.017,1854.9
00, 1877.170

Price Action: On the daily close charts a long tailed pinbar has formed on 1755.960-1764.524 Support zone showing probability of bullish move.

Potential Trade idea: We are looking to go long and find entry position on lower time frames i.e H4 & H1 with High and Low of Entry candle as best position for SL and Entry point.

Parameters:
Entry: 1780.940
Stop Loss: 1753.070
Take Profit: 1877.170

Profit taking plan:
1. at break even move stop loss to entry
2. at 2 TP move SL move to Break even and Trail stop

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