Welcome back to Monday on Forex market. We have witnessed that gold make a rally on daily chart last wk from 1309-1349. This is also happen to be a last top position. To trade with cautious, I would like to think a correction is going to happen soon this wk. However, after that correction, gold could go up to break 1400 soon. Now the question is when should I start to entre a buy position ? The red zones on the chart are support zone and resistance zone. Good luck! Less is more!
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the corrective wave going to pause ?
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Can this be a sign of the end of the corrective wave?
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Still targeting 1440.
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Gold hit the red zone and drop down from there. Now it on its 1300 round. Can this time make a position same as last top?