Gold has found its bottom.
Updated
forget biden pretending to come to a deal on the ceiling, the news only says they have no idea what they are doing and are putting it in the 2 hard basket, gold dropping over $130 in this time frame is prime for a come back. this is a golden opportunity. several targets located, need to break the 1955- 1960 for confirmation, 2k is always a struggle, this is a long play, zooming out to the weekly we can see a clear bounce of the 50MA. Do we really believe that all is well ? is gold cheap ? i believe all is not well and gold is most definately cheap
Trade active
First target hitNote
profits takenj at 1980 and scalp short in at 1979 for a retrace, waitng to re enter, idea iis still very long but its overbraught for the day wait for london and USNote
1975 65 55 all areas to look atNote
Long 1963 reason order block buy area medium risk of MA
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