Currently on a trade holding longs. It seems like we might have a short retracement upside to test that structure shift.. My hunch is that the gold will be making new HL soon and then finally LH on bigger tf, 1D. Too overbought, and now that the bull runs over, market makers will be jumping in to manipulate soon, so it will be wise to trade gold only for long term investments instead of day trading. Swing and long term short hold will be the best imo. I think that as high as gold will go for few months.. but please do your own analysis and keep a bias.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.