Gold overall trend is bullish
Support (structure) is 1239
Support (last wave) is 1249
now is pennant continuation bullish
Scenario 1. buy on breakout pennant 1260
Scenario 2. wait price action at support
Support (structure) is 1239
Support (last wave) is 1249
now is pennant continuation bullish
Scenario 1. buy on breakout pennant 1260
Scenario 2. wait price action at support
Trade ativo:
scenario 1 in play, minimum TP is 1265