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