gold early bird long position after high impact news

Early bird buying opportunity for gold after high impact news events

Price was quickly recovering from demand as seen from the last few weeks.


1) price is at daily lows
2) price took out a low and bounced during the spread hours
3) target is the next order block at a structural level.
4) stop loss is at the current monthly low

Happy trading!
Peter
SMCTrend AnalysisWave Analysis

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