Pair: XAU/USD
View: 4H
Time: 06.24am
OBSERVATION: After closing below the 1295.00 support zone the pair was not able to fully break out and ended up retracing back above support. This morning we saw a close outside the resistance trendline, which was also retested however, the last candle closed well above. This triggered by long trade with my first target being 1309.93.
View: 4H
Time: 06.24am
OBSERVATION: After closing below the 1295.00 support zone the pair was not able to fully break out and ended up retracing back above support. This morning we saw a close outside the resistance trendline, which was also retested however, the last candle closed well above. This triggered by long trade with my first target being 1309.93.