XAUUSD - Long

I Believe Gold Has Hit A Weekly Support Level. As We Have Seen A Fall In Downside Momentum We Could Now Be Fighting Our EMA Crossover to The Upside for A Buy Position To Retest The Monthly Resistance And Psychological Level At €1300.

Now Could Be A Good Point To Enter As The Lower Hourly Timeframes Have Just Closed Above The EMAs.

Good Risk To Reward Position.