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XAUUSD LONG

Hello!

Welcome to another analysis of XAUUSD.
Price did not close below 1725 showing decline in selling pressure and strength of the bulls, signalling me to go long.

Market-BUY: 1728.20
Stop-Loss: 1721.20

Target: 1760

Stop-Loss: 47 pips
Risk: 1%

Risk-Reward: 6.70


What do you think?
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Сделка закрыта: достигнута тейк-профит цена
Resistance has proved strong. Exiting at that target.

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