I dont think Gold has bottomed. Gold loves FOMC.
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This movement is calculated on basis of that gold moves inverse to eur/usd. The inverse correlation is not always present, but given the whole structure and everything its a decent R/R setup
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I will wait till next day before evaluating a sell as price is abit eager
Operación activa:
Entry price = 1327.
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35 % position as im 1 day early in entry.
Operación activa:
Added at 1325; 25 %
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Added remainder at 1330. Bearish pinbar formed + 1 day after mean time pivot.
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Price made higher high, that changes everything. I will buy positions at 1281 area and close out my shorts there.