Feds paused rate hikes.
Gold is in major retracement levels.
Overbought.
I expect it to reprice lower.
NFP's should be key indicator.
For confirmation.
I'd like to see it purge buy-side during NFP's.
Drop.
Create a right angled ascending broadening wedge chart pattern.
And then a retracement to the upside.
Note
Or...fix an imbalance between 1992.00 - 2000.00, and then drop.Note
Okay, it went up, good.Now I'd like to see it purge buy-side today / next week.
Create a swing high.
And then start dropping.
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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.