XAUUSD Trading Plan


Pattern: Channel Up on 4H.

Signal: (A) Buy within the 0.382 Fibonacci and -3.80% from the top, (B) Sell if the 4H MA50 breaks (it will be the first time since July 17).

Target: (A) 2120 (Higher High on the Channel below the -0.50 Fib), (B) 1900 (projected contact with the 4H MA200).

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