Gold Xau usd broken bullish momentum opens much deeper targets
Updated
Following my successful today's trade on 
XAUUSD, price action overpassed the bottom of the zigzag structure.
I am expecting a limited pullback to the 2329 price area before going further south
XAUUSD, price action overpassed the bottom of the zigzag structure.I am expecting a limited pullback to the 2329 price area before going further south
Trade active
Finally price action managed to pullback to the 2336-2237 resistance area I used earlier today. Now waiting to revisit the Daily low in the 2324 area Trade closed: stop reached
Positive stop loss was triggered. Gold USD price action still hovering much below my last bearish breakout area of 2356-2357 suggesting a pendant new bearish impulse.If the upward trend persists I'm going to wait for an attempt in the 2351-2353 price zone to consider a new entry. Otherwise I'll enter earlier.
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