XAUUSD Trade setup

XAUUSD : The daily close on Friday gave us bullish engulfing bar on a weekly support level.

Our buy trade call on Gold analysis is on the weekly timeframe that’s why our stop loss will be below the weekly candlestick . 1600 weekly support is still holding strong and we still have few days before the monthly close. we are expecting more upside moves before the monthly close.
Trend AnalysisWave Analysis

Feragatname