I am sure everyone was waiting for the retracement back to 1580 price level before opening a Long position for this pair. Similarly, I was looking waiting for the drop in Price. But if you do look at my set up for XAUUSD, it is currently at a support level following its trend. Opening and Closing of daily candle can be seen happening at this support level and retest to break this support line was occurring but only managed to close at the support level. This shows that a potential uptrend can occur for this pair and could climb all the way to the resistance level @1680 or even break that resistance level which form a higher high for this pair, reaching the resistance level @1712 price level. As for now, I feel a better entry point will be now!!!
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