Gold sits at a major key level for the bulls 1080 , playing any strenght at this level
for a long opportunity as of now ,
quite aggressive as we still are in a downtrend context wise
and in the current price action ,
however riskwise its and ok op. to probe the markets with a long
entry : 1084
SL: 1079
first target : 1092
second swing target : 1130
a more passive entry would reveal itself if we first takeout the H1 down channel
like so:
for a long opportunity as of now ,
quite aggressive as we still are in a downtrend context wise
and in the current price action ,
however riskwise its and ok op. to probe the markets with a long
entry : 1084
SL: 1079
first target : 1092
second swing target : 1130
a more passive entry would reveal itself if we first takeout the H1 down channel
like so: