XAUUSD Long position possible setup

I've identify a reaction zone with could be seen as a Higher Low if we reject it to continue the overall uptrend on bigger timeframe.


The R:R with this trade is really good wich is the reason why I took this trade with just a study of previous reaction in this zone.

I will give an update when I close the trade.

I've put 2 TP's that are the next resistance zones


Trend Analysis

Penafian