CommodityTrading Idea

GOLD: Pullback is coming?

Intraday Analysis | 1H |

From a technical point of view, the trend is bullish on the daily and intraday charts. At the same time, if we look at 1H chart, our impulsive structure 12345 could soon be completed, and this bullish consolidation (we are currently still working wave 5) could become an interesting opportunity to sell Gold as a tactical strategy. From our point of view, it might be interesting to try to sell this rally above 2,020 area.

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