Gold (XAUUSD)Long
Gold market structure analysis
Updated
Gold is under great pressure and US CPi is likely going to rise. Gold chart on the 4 hr time frame has formed has formed a falling wedge bullish parttern and the current gold price is in a 4hr Qm zone
With addition of an Awesome oscillator gold price has formed divergence
With addition of an Awesome oscillator gold price has formed divergence
Trade active
Note
In profits First TP is 1927.58Note
Be careful with open trades on USD pairs ahead of CPI
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