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ContrarianTrades

Potential Long Term Long Setup on Gold with very impressive R:R

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
ContrarianTrades Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Rectangle
2
0
chartpattern rectangle
Gold is making a Swing Low again to pose a great swing entry point with Tight SL and an impressive TP. Let's see how this trade turns out.
Comment:
Price still contained in the rising rectangle
Comment:
Price still respecting the ascending rectangle. Looking for a dip down to go Long on Gold near 1200-1220 zone
Trade closed manually:
Target Reached
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