XAUUSD is on Long term Uptrend, So we go with the trend and look for buying opportunities. We have a clear breakout at resistance level 2000 last week with good volume and a nice bullish candle. Now the price is on retracement and i believe it will retest atleast 2003 as a support level before further up movement. Also we have a nice bullish flag pattern. Now after breakout of a trend line and bullish flag pattern we will enter in long position with TP1 2040 and SL 1984.24. What do you think about the Idea. Please comment. Good Luck!
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