following NFP, Gold looking for support at approx BOTTOM2. Previous TOP1 to BOTTOM1 took 5 DAYS with a Zig-Zag pattern from Tue morning to Mon night. From TOP2 to BOTTOM2 still need two days to make it 5.
Here same 1H chart but zoomed out posted previously.
For additional infos about Gold please refer to the related ideas linked at the end of this post.
Thank you for your support and for sharing your ideas.
Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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TO NOTE: FOMC Meeting Minutes on Wed and ECB Publishes Account of Monetary Policy Meeting on Thu.
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Monthly Chart to find a target that bulls may be aiming at.