HAPPY NEW YEAR. I would like to share my analysis on GOLD based on high timeframe.In my opinion, the probability of a sell opportunity is higher compared to a buy opportunity However, to minimize risk ,I am waiting for a pullback to FVG zone on the 4H chart . If the price established further FVG in 4H, it would present a lower risk scenario for a sell position.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.