As much as gold is currently bullish, for intraday trading its highly wise to wait for a full correction move and ride the impulse on the resistance level, only if there there are validating signals.ðŸ”Ĩ
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Gold reached the target, at which is also a key level (resistance). We expecting the market to Accumulate, this phase may go as far as hitting the global trend line. What to look for?
Bullish price rejection, a doji, inverted hammer, bearish engulfing pattern, anything which dictates a bearing reversal, it May take a while do not rush, follow your rules.
Sell at your own riskðŸŧðŸ”Ĩ
Trend Analysis

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