We have seen Gold pump in the last couple of weeks and now we are seeing price slowing down and possibly making a correction. I have previous structure & the daily 38.2 fib lining up perfectly so i will be looking for buys around here next week providing we see the correct price action. We could always come down lower towards the ascending trend line so we have to keep that in mind when entering longs at the 38.2 & structure only.
First TP -0.27
Second TP -0.618
Both Take profits line up with previous structure & possible reversal areas
First TP -0.27
Second TP -0.618
Both Take profits line up with previous structure & possible reversal areas