XAUUSD Gold Intraday Overview And Trade Opportunities
We have sold Gold yesterday after better than expected US CPI data. Tariffs Delay added weight on safe-haven assets and we have reached our targets.
As seen on the M15 Chart, XAUUSD is stuck and consolidating in a rectangle. It is in a “No Trade Zone”
1505.56 AB=CD retracements.
1494 Lower Line of the Rectangle
Short the bearish breakout of the rectangle at 1494 -1493. Targets: 1487 1481 Ultimate Target: 1469
Long the bullish breakout of the rectangle at 1506. Targets: 1512 1515 1521
Update: Long Trade Reached the targets
VERIFIED ACCOUNT AND SETUP RESULTS
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