Gold is back in correction mode before trend resumption, so there are 2 tradable paths. I'm assuming this correction won't be as slow moving as Sep-Dec 2019 correction. IF it is slow, this ABC plan will fail. I'm reasonably confident a bounce here off 1546 ought to break 1563 local high. Flexibility and speed are needed here and the TPs can change.
Trade fechado manualmente:
Different pattern formed.
Ordem cancelada
Trade ativo:
Comentário:
This is more accurate so there's no surprise if WXY becomes WXYXZ:
Comentário:
Fighting the blue line support
