Gold is still trading in an uptrend. Looking for a small pull back to give us a 3rd touch of the ascending channel support which also has a 62 fib confluence. Look for some bullish PA at the discounted fib levels. Wait for BOB (break or bounce) at channel support.
- BOS - New HH - New HL
My Target is 2550
If minor support at 2503.58 doesn't hold, I will have to reaccess.
Note
Channel support did not hold so. I'm just watching for now.
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