Here I see gold coming down to retest the 4 hour level of support which also aligns with a psychological level of 1700, also aligning with potential fib areas for the long.
Clear price action behaviour has indicated that we are in for a slight pull back as we failed to break previous resistance on the 4 hour leaving a huge wick to the upside.
My stop is above the...
we've had a 4 hour 3 pin bar formation created at the 4 hour liquid band of support. Target is daily handle at 140.750.
I am currently entering this position now.
Tues 9th June 6:00pm
