As much as I am bullish on gold, this setup gives a good opportunity with RR, while I wait for a new move up. However, caution is the name of the game. Buyer could still come into the market anytime.
Trade closed manually
That's why I try no to trade corrections, you just never know when they're over or where to have a good risk-reward trade. I'd rather wait for the next impulse.
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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.