Chopping chart from Gold, price keep rejecting from Daily around 1700 during these trading days and since its make higher lows with overall bullish trend, it is more like going long with confirmed trendline on H4. Last night before the Fed speech london session we see 3-4 hrs bullish momentum and when that guy start talking the price just whipsaw the gains, but H4 low from London session held just fine.
I would be very cautious to go long with smaller position.
I would be very cautious to go long with smaller position.