A minor correction/dip is possible in Gold
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In my previous Gold Analyses, I mentioned about buying Gold because of the Bullish Flag. As expected, XAUUSD broke out of the Bullish Flag and reached very close to the previous high.
Right now, I believe there is a scope for a small correction in Gold.
If Gold hits the 1700-1725 level, I will be placing a small Sell with TP at 1650 and SL above 1750.
In my previous Gold Analyses, I mentioned about buying Gold because of the Bullish Flag. As expected, XAUUSD broke out of the Bullish Flag and reached very close to the previous high.
Right now, I believe there is a scope for a small correction in Gold.
If Gold hits the 1700-1725 level, I will be placing a small Sell with TP at 1650 and SL above 1750.
Trade active:
Sold at 1723 as per plan
