XAUUSD broken Up - Bull Power

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#XAU/USD# XAUUSD broken Up - Bull Power

Last XAUUSD analysis we were at a pivotable point and recommendation was to wait to see how price reacted to this daily down trend line . Price broke up and closed above down trend line .

Expect price to pull back to test the backside of this trend line before a move up.

This backside is a strong buy entry but always remember risk management and a short stop loss considering USA is still in their election season = uncertainty.

Entry 1907.00 area
TP 1944 - 1967
SL 1892.00

Good luck and let me know if there are any questions.

Charles V
CVFX Management
Trading made Simple

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