My take on Gold
Gold shows a pause or stop in the bullish move on higher timeframes which might indicate that a retracement might begin. A look at the lower timeframes shows some bearish price action and one might take a risk on a short term sell. My setup gives a 1:2 risk:reward. Remember to ALWAYS consider risk management and don't risk more than 4% of your equity
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.