TFLFX

SHORT TERM BUY

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is clearly on a downward trend since we broke structure 2 weeks ago. Price has however reached a fresh demand zone where we took a buy order. This will act as a retracement area to around 1685 area, where we'll take some longer term sells after confirmation. For long positions, wait for price to break 1646.38 with momentum, then enter using retest or Return to Orderblock.
All the best

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