XAUUSD Bullish above and bearish below this level.

Gold has had the strongest 2 day rally as this week closed since December 14th.
This rally was initiated on the MA50 (1d), which is where all (2) Higher Lows of the Channel Up where priced at.
Technically this maintains the long term Channel Up but there is also the dotted Channel Down that is intact.

Trading Plan:
1. Sell as long as the price doesn't cross over the dotted Channel Down.
2. Buy if it crosses above it.

Targets:
1. 1995 (bottom of Channel Down).
2. 2089 (Resistance 1).

Tips:
1. The RSI (1d) is about to cross its MA trend line. Every time this happend since October, it has been a buy signal.

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Notes:
Past trading plan: