With the barrage of negative US data we been receiving, with gold showing that this run isn't over yet, with DXY showing overall weakness against all other majors.... I'm calling long from here.
Also that previous wick tells us that the bear are in control. everything else is pointing the other way. We also have a nice bounce off FIB extension from here which gives a nice technical aspect to this trade.
ENTRY : 16.97
SL : 16.858
TP : 18.57
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.