FX.co ★ XAU/USD, GOLD

Hello traders, H1 - timeframe, instrument XAUUSD. The chart clearly suggests considering a long position. The price level of 3350.98 will be our entry point for buying. We will place a stop order below at 3345.11. We will divide our position into three parts and close them sequentially. 1) We will close the first half after reaching +586 pips. 2) The second half of the remaining position will be closed after another +586 pips. 3) We will close the rest of the position in the market after the final +586 pips. And then, we can take a break for today.