We can use a retest of the break of a longer-term daily train line for gold to take longs up to 1535 as our first target.
1500 as held as a very good institutional level and I feel like this is a good opportunity to take advantage of long entries after a clear for our retest of the broken trend line at 1500 concluding to multiple confluences worth us taking risks...
NEW SIGNAL
SHORT/SELL
GOLD, XAUUSD
ENTRY: 1500.262
STOPLOSS: 1508.9
TARGET: 1484
Risk: 0.5%
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