Buying Gold due to the failed close below 2016. I predicted 2012 last week, but to see this I'd anticipate good confirmation. This has not happened yet, CPI has dropped gold over 150 pips, now im expecting a clear push back to 2025+ area.
Ive entered at 2016.54, targeting 2029.54 and my stop is set at 2013.54. Gives me a 1:4.33 R/R 1%Risk
Entered at the low end of a 4Hr OB, which I'd like price to close above.
Not to much more analysis here, kept it simple, still using nephew_sam_ FVG indictor so testing this on my funded account.
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