After a long decline XAUUSD stopped making lower lows and lower highs. On the higher timeframe gold touched 76,40 retracement (2015 low to 2016 high) Price is also slowly crossing 10 Daily EMA. 2 targets with stops around the last low (12/15) and S4 pivot support Let's see.
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Nice breakout & in profit Hopefully it continuous moving up
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Always good re-enter opportunities for extra (small) positions when price retrace to 10 Daily EMA
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Price breaking important resistance at 1164-1166 right now. If it can close above i will add extra small position with same targets.
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