UKTRADERS21

XAUUSD LONG RANGING TRADE

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I am anticipating a long-ranging trade from the current daily support. When you look at the 1-hour chart, there's a double bottom pattern, and there's a trend line that acts as the vertical resistance for the market on hourly charts. Now, if the double bottom pattern and the trend break upward, we'll take a buy trade.

Entry 2025.80
Stop loss 2013.97
Targets 2041.00 & 2050.0

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