UPDATED 2 POSSIBLE LONG SCENARIOS FOR GOLD. This is why u need to use SL and good Risk-Reward trades only. Any of these 2 scenario is likely. My bias is on a drop to $1250-1243 then a rally, unless gold makes a supportive base at 1265-1263.
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this seems like a good base. small long until 1280-1300
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2 lots long, tp1 is 1310 tp2 is 1325
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we also broke the bearish channel which is a good bullish signal to buy