Given the overall geopolitical situation, it seems a foregone conclusion that the gold price will continue to rise.
Nevertheless, the market has left a large amount of liquidity at the bottom.
It stands to reason that the current rally will serve to shake the late bears out of the market, followed by the final bear run.
Our entry comes from an order block in the H2 timeframe.
We set a tight stop loss so that we get an RRR of 5.3:1
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