XAUUSD (GOLD) - LONG?

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We are currently at another bounce off the 61.8%

waiting for price to create a second wave or a V to reduce the risk of of buying after this bearish impulse.

I am waiting for a breakout and price to have a strong push above 2403 and retest prior to looking for entries to reduce downside risk.

Last trade I rode it up and then caught some of the short:

Term/https://www.tradingview.com/chart/XAUUSD/diIVFTYM-Gold-Outlook-Short-Term/
Trade chiuso: obiettivo raggiunto
Beautiful trade that just required some patience. Great opportunity to take some short positions however short lived they are.
Trend Analysis

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