Gold is nearing a POI in which there is a key area of resistance to retrace down from the movement. For halfway through the month, gold has moved exponentially yet we're not near the month close, I expect gold to retrace after a liquidity grab attempt at our highlighted area, conservative TP's for the way down as price action could show us something different. Price could at least test the upper trendline for the long term triangle pattern we have been in.
R:R - 1:3:4
GL
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