GOLD (XAUUSD) Fibonacci Long Trade (Scalp)

Mar 19, 2020

good morning guys,

today I will try to catch a bounce from a local low on gold.
currently, the momentum is slowing down and from the 17th of March, we don't see volatility at all.
it gives us a perfect opportunity to buy the market on a key structure.

I have a buy limit on 1455.5
Stop - 1440.0
Initial target - 1485.5 (partial profit close)

In case of a preliminary reversal, setup will be canceled!
good luck!

Mar 20, 2020

Trade closed: target reached