FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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Tariffs are staying until elections despite Phase 1 trade deal is going to be signed, somewhat pretty good bullish sign in terms of fundamentals. Daily chart candle closed at a bullish pinbar/hammer, sign of bear weakness.
My target is 1620 medium term but short term Gold might consolidate more before it pushes to 1600+, to which I will update my idea if it does.

I will not give any advice for TP/SL, you are responsible for managing your own money if you are following an idea. I do give advice when its the best time to enter/exit a trade.

If you like my ideas, consider joining my Telegram channel as I will be doing analysis on Gold for a very long time!
Jan 15
Comment: I gave a better scenario on my Telegram channel
Jan 15
Comment: Don't expect a straight line up, good chance of a slow consolidation to the upside.
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