Gold is ready for a reversal to the upside.
Price has broken market structure on the lowertime frames (H1 & M15).
I'm looking for price to trade back down into the region below where I'll be looking for a long opportunity with my stop below the market structure.
Looking to target these two areas above as intial targets. Based on how the week closes will determine whether I am looking for a longer term swing position.
Stop moved to BE. Letting the other half of the position run to final TP.
1:10 on this one!
Now we sit out and assess what the market wants to do from here.