On the XAUUSD 1hour a bullish rectangle has formed, a break above the resistance trend on would confirm a break to the upside but a good entrance would be after a retrace to the previous resistance structure. Same applies if it breaks to the down side.
Trade active
Remember to enter at a retest of previous structure.Trade closed: target reached
Look at how beautiful it went
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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.