XAUUSD LONG
Updated
The bulls seemed to have taken some control in our NY session, with a quick pump to the upside, reaching targets 1926, then having a breather in the later hours, gold now settles just under 1920 heading into our Tokyo and Sydney session. I do still believe gold is medium term bearish as I believe the Elliot pattern will fully complete around 1880-1870, but for now I think gold this week could reach 1930 at the very least.
Let me know your thoughts.
Let me know your thoughts.
Trade active
Bought at 1920, sold at 1925.11 for some quick scalping trades. This 1925 area can get confusing so I exited early and will reassess in the NY Session.Trade closed: target reached
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