Short Gold Entry: 1299.05 SL: 1313.15 TP1: 1266.25 TP2: 1254.75
Market reacted above descending wage support with price closing above EMA (21). MACD still in bearish territory however, showing a golden cross signalling a possible reversal.
Wait for a pullback to short below 1299.05 where also happens to be descending range resistance.
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Gold 1st target reached. Most likely will see a small reaction at the 1266.25 level before another leg lower