Gold fell on Monday in step with a stronger dollar as investors cautiously looked forward to U.S. inflation data that could influence the Federal Reserve’s timeline for easing its bond purchases.
However, a gold recovered before NY closed and continued the rally during ASIAN session.
Possible pullback on gold around 1801-1798 (OTE) before further upside continuation.
Trade active
Trade is now active and running.
Note
Book the partials and let the rest run until Takeprofit. Else, you can turn the trade into a swing trade after shifting SL to entry. Enjoy!
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