In yesterday's comment I said that "Gold could correct from this point" and, although my trade was in 150 pips profit at some point, ended up with a loss.
Still, this stop loss doesn't make me bullish one bit, and my idea that Gold should at least visit 1840 remains intact.
From a technical perspective, things remain the same, with Gold trading at the upper band of the channel.
Yesterday's candle is a Doji indicating indecision.
I'm not holding a short position at this point, but I'm looking to sell on confirmation
Still, this stop loss doesn't make me bullish one bit, and my idea that Gold should at least visit 1840 remains intact.
From a technical perspective, things remain the same, with Gold trading at the upper band of the channel.
Yesterday's candle is a Doji indicating indecision.
I'm not holding a short position at this point, but I'm looking to sell on confirmation
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