JICPT

Waiting Gold to retest zones around 1770 for bullish setup

JICPT Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Basically, my trading idea is based on weekly chart which you can see clearly the long setup at the bottom is a not bad one.

For the daily chart, it formed a inside bar pattern(so hard to find a good entry) until 20 minutes ago that the structure got violated. Very often, we should wait for opportunities, instead of chasing them.

Until price forms a clearer and high probability pattern to join in. Now, chart is sort of choppy for me at least on the daily and hourly chart.

Comment:
with a lower low created on the hourly chart, momentum is still to the downside.

plan your trade and trade your plan
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