XAUUSD Gold Intraday Trade Idea Long Opportunity
Markets started the day with a decline in the DXY. We see a recovery in all major currencies against USD.
XAUUSD made 9 USD recovery and testing the EMA 50 resistance on the Hourly Chart.
Break out and close above 1254 might carry the prices 1257 and 1263.
We will enter Long trade above 1254 targeting 1263. Our stop loss is 1250.
Gold will complete Anti Nen Star harmonic pattern at D 1.263 and we plan to use this level as a short term selling opportunity as well.
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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