Gold Longs Loading Up?
Updated
Gold downtrend with DBD and W formation confluence from about the 11-16 Feb was heavy consolidation geared towards trapping short sellers. Could buy now or wait trendline break stop loss behind demand zone from 4hr and above
Note
sellers trapped price moving along nicely and in profit at trendline break could have added more longs or if bought in the zone use a trail stop 👍Trade closed manually
price close enough to take profit target 👏👏
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