Gold is expected to go higher.. Small risk big reward. Watch.

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The upside move is yet to be fulfilled. We will see if this is going to be the start of the rally up.

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ملاحظة

I will breakeven the trade +1/2pips when price reaches 1506.40.

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ملاحظة

If price go down to 1497.10, I will close the trade. That being said, I will move the trade to breakeven now.

Reason: Bearish Engulfing on 1H.