Gold has been in a consolidation ever since the release NFP. However, with a keen look, the price has been forming HH and HL away from the demand zone which also has a inverted head and shoulder in place. This is a sign that buyers are ready to take price higher thus our opportunity to go bullish. If this move sustains, we may see the price stay inside the channel for a while untill the touch of 1850.
Trade closed: target reached:
Close trades, gold hit our projected targets
Pro tip: watch the market, interpret the price, Finally take action. Gold is raining pips