The market now has created a very familiar bullish market structure whereby price pushed then formed daily support to then break the high. Price now is rejecting the past resistance now turned support on the daily. WE should see price break the high and continue up to 1850 level with ease as there is clean traffic looking left. If price does break the low before breaking the high we won't be in positions (delete pending order) because there isnt enough confirmation that price will drive up. I don't want to wicked out like my last gold trade. Gold has just broke out of the trading zone (1821 -1840) which for me was the no trade zone as there is just too much going on. Excited to see if we can bang a 1.5% on this one :)
Order cancelled:
Price broke daily lows. Therefore i am deleting pending order wand waiting for better entry.