There is a resistance on 1820.00.
I believe if the price pullback on the trend line and breaks the resistance price so it can be a good Buy Stop order to continoue.
We can open half of the volume in the pullback.
Any movement above 1806.25 can be another rally for GOLD.
Buyers' positions have opened on1790.00 strongly.
Looking for another push. Lower is better for risk and reward.
What do you think?
Buyers are pushing the price to higher levels.
GOLD's next target seems 1850.00.
Breaking 1815.00 can rally this movement.
We need to consider FAKE Break so set half of your volume for Buy Stop.
The other half can enter in the pullback with a Buy Limit order.
After pullback and respecting the trend line, I'm looking for a 1,2,3 in M15.
If the price shows any signal in M15 we can order a buy stop before my set up as you can see in D1 which gives us better risk & reward.
I think you can have a short after 0.7616 but be careful and take the profit if it stopped on the trend line.
Let me know if you have any idea :)
