From a technical point of view, Trend is bullish on Daily and Intraday charts. At the same time, if we look at 1H chart, our impulsive structure 12345 could soon be completed, and this bullish consolidation (we are currently still working wave 5) could become an interesting opportunity to sell Gold as a tactical strategy. From our point of view, it might be interesting to try to sell this rally above 2,020 area.
What do you think about it? ..and what could be the closest Target in your opinion?
Trade with care
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