Even though mid term we're bearish on Gold, I still cannot ignore the fact there is a lot of pending LQ on Gold around the ATH. Also, as it's a new month, the new monthly candle requires some liquidity from the upside before it can drop.
On the 1H TF I'll be targeting small zones for buys & once price reaches that zone, I can monitor for any possible rejections back down, or possible further upside. TARGET 1: $2,903
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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.