Price has broken our trendline and has rejected from the lower support.my bias is currently neutral for now until we get more confirmation on the next move.I will not be looking to get involved in any trades just yet.
PATIENCE IS KEY
Considering the buy trend on HTF, we could see price respecting the trend line then retracing back to the high on the H4
Wait for confirmation,execute,manage then walk away.Simple☑️
I anticipate that price will reach the highlighted zone and continue its bullish trend from there.
Wait for a second retest of the zone AND price action confirmation before executing a trade.
Bullish engulfing candle formed on the monthly timeframe..will Gold continue in the bullish direction..I guess we'll have to wait and see.
Use proper risk management as gold is known to be volatile!
