XAUUSD COMMODITY 1H TIME FRAME DATE 7/26/2024

Update on Gold: I entered a buy position during the New York session at 7 PM yesterday. My focus is on acquiring leg 2 from the internal cycle, with the limit set by the point of control. Given that Fridays often exhibit reversal patterns, this aligns with our technical analysis and timing.

The confluence of harmonics and the re-accumulation schematic supports the view that leg 4 has already been accomplished.
Harmonic PatternsTechnical IndicatorsTrend Analysis

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