XAUUSD long

Jul 3

I see Gold running the current high. As we seen today was a day where bulls were in control starting from Asia. London continued the trend filling all the imbalance from the previous leg. We are due a pullback. Tomorrow is US bank Holiday which usually is a very slow day for Price Action. We can target a nice 4R trade with this set up if the time and price meet. Looks for reactions first and to see a market shift up before entering. NFP Friday which can change the direction completely but that's for another day.

Happy Trading
EFT