Gold presented a double bottom during a corrective wave after strong movement to the upside. I want to see price action push up a bit more before we catch a retracement to the Right Shoulder of a H&S formation. There we will ride the next impulse wave.
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Commentaire:
Gold missed our Sell Limit at the 123.6% Fib extension level, Instead retracing to the 100% level before hitting our Buy Limit Entry to continue the trend.