Hello traders.
I am patient at the moment with this gold price action.
In my opinion I see 2 possible scenarios.
1st is the stop hunt of retail buyers in conjuction with selling panic down to 1792 and then a buying reversal.
2nd one is the retest of the recent highs around 1845-1856 area which will be perfect for shorts.
Note: Weekly TF perspective, it is...
