forget biden pretending to come to a deal on the ceiling, the news only says they have no idea what they are doing and are putting it in the 2 hard basket, gold dropping over $130 in this time frame is prime for a come back. this is a golden opportunity. several targets located, need to break the 1955- 1960 for confirmation, 2k is always a struggle, this is a long play, zooming out to the weekly we can see a clear bounce of the 50MA. Do we really believe that all is well ? is gold cheap ? i believe all is not well and gold is most definately cheap
Trade active:
First target hit
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profits takenj at 1980 and scalp short in at 1979 for a retrace, waitng to re enter, idea iis still very long but its overbraught for the day wait for london and US
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1975 65 55 all areas to look at
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Long 1963 reason order block buy area medium risk of MA
