The current uptrend for gold is more likely a new impulsive wave. We can compare it with usoil which had a similar structure before (in 4h time frame). A leading decline triangle and then a quick drop. Following the quick drop is a rapid rising.
Good luck for everyone!
注释
Nice bull! It goes as expected. It goes in the same way as oil structure before.
交易结束:到达目标
I closed my longs gradually as it is coming to a supply zone. The dxy might pop here. I will wait for the pull back and prepare to buy again. It should go higher in long term.