Gold Spot / U.S. Dollar

Long

Good Opportunity to Buy XAUUSD

By Karthiktinku

Updated

Pls note that this is for educational purpose only.

Reason for Long Bias:

Von Restorff effect is applied with Long Bearish candle. Effect is.. Market moves upward. Simple. The Channel drawn adds as confirmation with line work for identifying the reversal at the bottom.

Entry: 1866 to 1869
SL: 1860
Target: 1884

Trade closed: target reached

Wow.... Another Hit in a Streak. The Target at 1884 is achieved precisely.

Also on:

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