XAU USD - GOLD - Long Trade - Counter Trend

Actualizado
Hello all

I am looking to go long on Gold, this could be a short term correction trade, if it keeps cycling upwards due to a risk off market, I will start to add to my position.

Reason for the entry is the bullish 4 hour candle a few hours a go, and I believe that this break of support is a false break and not a break that will then continue downwards.

If 1273 is broken with a new high, then I do expect it to go a lot higher

thanks for looking

Duncan
Operación cerrada: objetivo alcanzado
Trade played out as planned and target reached
Candlestick AnalysiscountertrendForexMultiple Time Frame AnalysispriceactionSupport and Resistance

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