XAUUSD 1H - Long idea

Following on from yesterdays analysis, we can see the price is doing exactly what we expected. The move down towards the lower levels where we should find some support. We're going to test the first long entry at the illustrated level of around 1795 first and a lower level of 1790. Breaking below 1780 would negate this trade idea. The stop is larger than what we would usually like to use so we would suggest you use the analysis as a guideline and use the levels appropriately.

As always, trade safe.

KOG

Trade active:

Taking partial profits here with stop moved to entry

Trade active:

Taking another 50% here. Thats 70% all together in profits. Stop to entry. Let it do what it wants now

Trade closed: target reached