GOLD Bullish Reversal, Watch For Buys
Updated
Hello traders:
Here on GOLD, we can see from the previous down move, price has hit the bottom of the higher time frame structure.
After price impulse down, it didnt create any bearish continuation correction price action, instead a bullish reversal impulse on the lower time frame.
After, price followed through with a bullish continuation correction, good signs of further upside potential.
Be on the look out for smaller, continuation correction on the LTF for possible confirmation and validate the entry.
Thank you
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