Gold XAUUSD Long the Familiar Pattern

Gold looking to reverse in this zone based on the profitable pattern drawn on the chart.

Follow parameters and execute as needed.

Happy Hunting!

Trade closed manually:

nearly hit TP1 going to close this early due to Fed announcement this afternoon. Was hoping for a move prior to that. Remember capital preservation is the most important element of this game. There will be other trades. Small gain locked in is better than this hitting stop loss within minutes after the announcement!
We will revisit tomorrow if the trade is still valid.

Comment:

If you decided to hold, close half and move SL to just above break even. Risk free setup!