Gold Spot / U.S. Dollar
Long

XAUUSD 1 Hour Set Up - LONG

100
Gold is consolidating in a lower timeframe channel.

We can enter at the 0.5 fib which coincides wiith dynamic support. Target of 2680-2700. 3.5 RR

Alternatively we can wait for a bounce off the lower trend, however this may not be hit.

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