#update
$XAU Long Setup
Looking for longs on Gold within this $4,568–$4,575 zone.
Price has had a strong move higher, so I’m waiting for a pullback into this area rather than chasing at current prices.
If we get a good reaction and confirmation from the zone, I’ll be looking for the move back towards $4,602, with $4,616 as the next target.
Invalidation for me would be below $4,565.
Patience for the entry now
$XAU Long Setup
Looking for longs on Gold within this $4,568–$4,575 zone.
Price has had a strong move higher, so I’m waiting for a pullback into this area rather than chasing at current prices.
If we get a good reaction and confirmation from the zone, I’ll be looking for the move back towards $4,602, with $4,616 as the next target.
Invalidation for me would be below $4,565.
Patience for the entry now