Gold Analysis 27/09/2020 - Update

FX:XAUUSD   Gold Spot / U.S. Dollar
As you can see I took an entry based on different confirmations, however this analysis played out to a tee, price broke below support, created resistance on lower timeframes before selling down to our daily support target of 1850. This was a 87 pip trade with almost no drawdown. My students and I entered at 1864.25 so for we caught around 142 pips. A great trade to start the week.


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