Avoid shorting GOLD
Updated
gold was hovering in the triangle pattern @ 1hr chart then we had a breakout and sharp upside
as the middle range of the pattern is projected as the target level and we can see price has taken a U turn from the area which had a refined fvg
now the price is back to the area where buyer earlier accumulated
we have the low of 2287 above this zone price will safe for long makers
as the middle range of the pattern is projected as the target level and we can see price has taken a U turn from the area which had a refined fvg
now the price is back to the area where buyer earlier accumulated
we have the low of 2287 above this zone price will safe for long makers
Note
price is sustaining above our demand zone as of nowNote
we can see little bounce off from the demand zoneNote
bulls went all in flushing in bears hahahTrade closed: target reached
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