Gold is preparing for a next move after correction inside the falling wedge for 3 months. Momentum not yet pick up but early sign was appeared on May 23th following by an inside bar. We can go long Gold now with high potential R:R ratio aiming short-term target at 1315 and stop loss at 1275
Kommentar:
Time to scale in as momentum just pick-up, target 1315, stop loss still at 1275