Good Opportunity to Buy XAUUSD.

Following ideas helped develop a Long trade bias in XAUUSD.

1. Price touching the Solid Demand zone and creating a temporary stop, indicating a reversal to upside.
2. Price respecting Blue and Black Pitchforks simultaneously.

Entry: 1773-76
Stop Loss: 1763
Target:1793

Note: For education purpose only. Trade at your own risk.

Trade closed: target reached:

Amazing. After 45 long hours, Price hit our Target at 1793. That is awesome 2000 PIPS.