GOLD ready to make a decision? | TRADE IDEA

By DCFX-TA
Updated
  • Gold fell on Monday in step with a stronger dollar as investors cautiously looked forward to U.S. inflation data that could influence the Federal Reserve’s timeline for easing its bond purchases.

  • However, a gold recovered before NY closed and continued the rally during ASIAN session.

  • Possible pullback on gold around 1801-1798 (OTE) before further upside continuation.
Trade active
Trade is now active and running.
Comment
Book the partials and let the rest run until Takeprofit. Else, you can turn the trade into a swing trade after shifting SL to entry. Enjoy!
Trade closed: target reached
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