Gold is still stuck in its broader range, but a recent upside trendline break opens the door to a test of the range highs - or beyond. This setup presents two ideas: one targeting a move back to the top of the range, the other a potential fakeout with a more conservative TP. The trade fails if either TP is hit before entry. Patience and precision are key here.
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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.