this consolidation like on the chart + starting a new break will be a good confirmation GOLD wants to go higher
Until then pullback or back and forth will continue.
Also this week brings many news + the end of the month, so higher volatility and unclarity can have a place in the markets.
☝️Dear traders, no one here has superpowers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or forcing my will. Have good trading, keep a constant flow of self-awareness, and do your best. 🙌
Until then pullback or back and forth will continue.
Also this week brings many news + the end of the month, so higher volatility and unclarity can have a place in the markets.
☝️Dear traders, no one here has superpowers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or forcing my will. Have good trading, keep a constant flow of self-awareness, and do your best. 🙌
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Previous analysis for more context
