XAUUSD intraday

XAUUSD intraday - student project

Today is December 7, 2023, and I trust that the highly probable outcome is a minor trend reversal back to 2062 (38.2% Fibonacci retracement level of the trend from Monday until now).
Let’s see how gold ends this week.
So I will get in when it breaks out the triangle and closes success on the top of the false breakout.
Stoploss at the low end of the triangle.

Take profit will be good with measuring moves, but I think it can hit the 38.2% level of Fibonacci retracement for the whole week.