SAXO:XAUUSD   Gold Spot / U.S. Dollar
Potential Setup in motion. We have a clean breakdown out of consolidation and price is being held below the 200MA. A rejection off 1736 is looking likely maybe targeting previous lows. If price action falls towards this level a nice hold in and around the buy zone would be a good place to look for longs. I will be looking to see how market structure forms tomorrow and friyay.

Risking 1.5% - SL at B/E when TP1 hits

TP1 / 0 / 30%
TP2 / -.25 / 40%
TP3 / -.618 / 30%

Patience is a virtue and trade like a sniper!!

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