On this idea we can see a pinbar on 4H timeframe over the suport zone between 1214 and 1204, we can wait for a bounce here or even at 1204 before the bullish trend continues to 1340-60 objective.
Note
We can see here a bullish divergence on !H timeframeNote
Vaneck vectors showing a nice pullback to H&S necklineNote
DXY double top?Note
A little late but I'm adding a new entry, with a lower risk than the previos one, I think we must watck the purple line (1222), personally I think we already reach the low of this pullback 8 candles ago.Note
Moving my stop at 1222 and the second one at BE, I think if this can't pass our high this time we gonna se Gold moving lower even 1204 again
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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.