Hello traders. I suggest considering a buy signal on a breakout at M5 for GOLD (XAUUSD). Entry point: Pending order to buy at the price of 3892.59. 1st Profit Target: 3898.16 (Approximately -53 pips). 2nd Profit Target: 3903.45 (Approximately -106 pips). If the price does not break the breakout level at M5, then cancel the signal at 3870.17; the price should consolidate on the M30 chart. If the price reaches the 1st Profit Target, it may be possible to move the position to breakeven. Signal is based on M5.
