XAUUSD - Daily Trade Idea - 8-Feb-23

XAUUSD (LONG)- If all the support holds in place.

If we see the Support broken out then we could see the shift in the trend.

I marked the TP 1 (50 pips), TP 2 (100 pips) , TP 3 (200 pips) and EXIT (SL - 100 pips) on the chart.

(THIS IDEAS VALID NEXT 24 HOURS)

Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.