GOLD - Top down analysis.
Price hit our upside FVG target which was projected in my previous analysis. I believe now the market is relatively over extended and due a retracement wave. Preferred scenario here would be a sweep of buy stops above the high of the previous week then we can monitor for potential entry confirmations on the lower timeframes. HOWEVER just remember the intraday market and HTFs are BULLISH although we are expecting a corrective move inside of the bullish trend we do not yet have confirmations to support this theory.
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