XAUUSD - POTENTIAL LONG ENTRY

XAUUSD OUTLOOK

Price is currently heading to the support range. Trades within the range is possible via the ‘bounce’ strategy, where longs can be opened at the support/ demand zone . Should price break through the support of the range, it is expected to move towards the next support level .

SL will be placed below the support, final TP will be placed at the resistance.