Hey traders,
For the 3 consequent days, Gold was falling.
The market already lost more than 3.5% from a current high.
The price reached a daily demand zone on Friday.
Analyzing a reaction of the price to that on intraday time frames
I spotted multiple rejection and a bullish breakout of a falling wedge pattern on 1H time frame.
I believe that it's time for a pullback.
Intraday goals:
1799
1805
Have a great weekend!!!
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Comment:
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