SamKent

Gold trading in our buy zone

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
0
Gold is consolidating in the 4 hour chart around our buy zone. the dollar rally hasn't had as big of an effect on gold, which shows its resilience. we're looking to trade this confluence of support zone+fib support+slow stochastic cross-back from oversold, with about 2 to 1 r&r.

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