DavoodWadi

A Long Setup In Gold Exploiting An Irregular Correction

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Some close ratio convergences sit in the trading zone.
I've been really conservative and waited for the initial 1 hour bounce off the area to support the trade.

This is the first time I'm trying to trade the end of an Irregular Correction.
Let's see how it turns out.

The Stop is one cent below the C leg low.
The initial target is at the previous high.
If it turns out to be true, higher highs are expected.

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