FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
GOLD formed a high in the beginning of the week, but it has been holding sideways since then.
It could form a triangle pattern formation and to take price higher.
However, if it breaks below the previous low at 1850 it could then complete the pullback down to 1830.

That's why we're currently not into a trade and we are waiting for that pullback to make an entry.

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