XAUUSD found support at 1942.00 and has quickly reclaimed the 1952.00 key level and price has just closed above the July 28 falling trendline on the 1Hr Time Frame.
A pullback to 1954.00 will offer Gold bulls a great long trade with above 1:2 Risk Reward ratio.
Stoploss loss will be at 1949.80
Initial Target is 1963.50
Final Take Profit is 1975.50.
A pullback to 1954.00 will offer Gold bulls a great long trade with above 1:2 Risk Reward ratio.
Stoploss loss will be at 1949.80
Initial Target is 1963.50
Final Take Profit is 1975.50.