raidenfx

Gold Longs Loading Up?

Long
raidenfx Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold downtrend with DBD and W formation confluence from about the 11-16 Feb was heavy consolidation geared towards trapping short sellers. Could buy now or wait trendline break stop loss behind demand zone from 4hr and above
Comment:
sellers trapped price moving along nicely and in profit at trendline break could have added more longs or if bought in the zone use a trail stop 👍
Trade closed manually:
price close enough to take profit target 👏👏

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