Buy setup is still intact. The best buy would be if we break previous L 1260 downwards as we could then more easily turn around and start going up.
If the first move is up to 1272ish that could be another short-term sell.
I have an entry already open from 1274.5 sell with BE and TP is 1260.
I am looking for a break of 1260 downwards that would be nice.
Pending Long entries 1257 - 1254 and then 1284.00
Note that I will not use an SL for 1257 n 1254, so if you plan to enter long at these levels manage SL on your own.
Good Luck.
If the first move is up to 1272ish that could be another short-term sell.
I have an entry already open from 1274.5 sell with BE and TP is 1260.
I am looking for a break of 1260 downwards that would be nice.
Pending Long entries 1257 - 1254 and then 1284.00
Note that I will not use an SL for 1257 n 1254, so if you plan to enter long at these levels manage SL on your own.
Good Luck.
Pretty tricky now. This upward move broke the tendency level.. that means after a pullback which is happening now gold should continue upwards anyway. I keep my pending orders in place.