XAUUSD LONG SETUP [Read Caption]

16 ore fa

Hey guys I am here to share you one of the best XAUUSD setup, so do not forget to share your opinion about my chart. Kindly follow me and boost my charts for best XAUUSD setup.

Gold is still running in parallel channel and now it is currently running on 2704 that is middle line of parallel channel as well and this is also a support zone because of middle line of parallel channel. According to me it will bounce back and will continue its long trend because in last many days gold is just working in long trend. XAUUSD can reach to my first target 2722 and then it is possible that it will reach the second target 2740 that is also parallel channel upper line and resistance. For more confirmation I have given rectangle chart pattern that is clearly showing that XAUUSD can reach to 2740..

KEYPOINTS

ENTRY 2704
FIRST TARGET 2722
SECOND TARGET 2740
SUPPORT AREA 2703/2697
CANCEL TRADE 2690

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