GOLD long, pivot strategy by Funded-trader

Sentiment:
USDJPY is negative (at time of publishing)
GOLD is positive (at time of publishing)
Gold has surpassed the pivot R1, retraced, kissed the MA 52 this is our ENTRY signal.
RISK/REWARD: 4.4
ENTRY: 1296
STOP: 1294.8
TARGET: 1301