Gold Long Opportunity

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.




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