Another day of solid decline for gold.
In a perfect scenario, it would be great to wait for a reversal candlestick pattern on the daily chart, like the one I marked, and then go long.
For now, I’m staying on the sidelines, waiting for a good entry opportunity.
The uptrend remains intact. The pullback is happening on average volume—no anomalies so far—so I’m leaning toward the correction ending and the price moving to new highs.
Waiting!
In a perfect scenario, it would be great to wait for a reversal candlestick pattern on the daily chart, like the one I marked, and then go long.
For now, I’m staying on the sidelines, waiting for a good entry opportunity.
The uptrend remains intact. The pullback is happening on average volume—no anomalies so far—so I’m leaning toward the correction ending and the price moving to new highs.
Waiting!
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