The market has been ranging, this isn't a top or a triple top or whatever chart pattern you might think, this is a pure liquidity grab by the bigger institutions, the next move will be around approximately 40 points up, so to be safe I am setting my TP at 1803, it may move higher, but I like to play it safe and work by percentage gain. I think personally the best entry could be now. If you're shorting I won't argue, but this is fundamentally going up, as gold is predicted to grow to around $2500 in the next 2 years or even sooner. My personal opinion is a long, until the real pullback occurs. There was no major support broken, which means we're still trending up. The average true price of the last move was not broken (The blue trendline) follow market structure instead of lines and indicators.
Chart PatternsHarmonic PatternsTrend Analysis

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