LONG on XAUUSD

Strategy: Buy on Support, Sell on Resistance; Look for higher highs and lower lows;

There is evident time confluence in the daily, 4-hour, and 1-hour timeframe.

Going for a long entry is highly probable for a winning trade.

Entry Price: 1848.505
Stop Loss: 1847.505
Take Profit: 1858.505

DISCLAIMER: This strategy requires advanced experience in the execution and re-entry hence the extremely tight stop loss point. Not suitable for everyone.