bensonpaulofficial

XAUUSD BUY IDEA. INSTITUTIONAL ANALYSIS

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I am expecting XAU to retest the key monthly levels below before making an upside move and finding enough buying pressure to break the current consolidation I've attached my bias on the metal and let's hope we get a good entry towards the 2000 price point.
confirmations I'm looking at would be
1. key monthly levels
2. 78-88 fib levels
3. Mitigation points
4. Institutional imbalances and POI

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