XAUUSD further bullish move expected - 280 pips opportnity

13 thg 7, 2022

XAUUSD made a aggressive bullish rebound from 1707 area and has close way above the H1 trend line and now testing the supply area around 1730.00, this supply area also has a confluence of trendline and 50 period moving average on H1, a bullish move is expected from 1730.00 area to the next demand zone of 1759.00 which also has a confluence of 200 period moving average.

Buy around 1731.00, takeprofit: 1759.00, stoploss 1719.00 ---- 280 pips opportunity