As you can see the price of gold is nearing to the daily support region here we can open a buy trade with a Stop loss near the 1844 region and take profit near 1975 next resistance region for a 1:3 trade so if you risk 2 % you will earn % which is really important to have a strict R:R ratio
Thank you
Chart PatternsgoldtradingTrend AnalysisWave AnalysisXAUUSD

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