Gold Long after fake outs
Since gold had a huge retracement to the downside to a major magnetic area & then push up breaking 1888.00 & closing above that area which has acted as a solid area of support/resistance in that past. I see gold opening up bullish & pushing up to the previous wicks at 1896 where a lot of consolidation has happened around that area before retracing to retest 1888 & fill up some imbalance that was created their before heading up to 1904.00 filling imbalance & breaking through 1900.00 area creating lots of fomo & that price has done its retracement , how ever I see price retracing to 1875 area which has been a strong magnetic area before ultimately heading to upside around 1910 or 1916 depending on the bullish momentum for the week. Again this is just my opinion & I am still learning.
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