If you are tracking XAUUSD (GOLD), don't feel tempted to go for a long trade. It is better to wait for price action to enter a significant support zone, preferably a weekly time frame support zone. Technically, the market is still bearish but we may see a reaction for a northward turnaround around the 1315.90 area.
Trade safe and prosper.
KP
Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
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