GOLD Dont rush the buy, wait for confirmation

٤ يناير ٢٠٢١

Hello traders:

GOLD is pushing up and out of the HTF structure it was in.

But as always my approach to these type of price action would be to wait for last confirmation.

Its good that we are seeing strong impulse phrase on the LTF, but to confirm the HTF run, we need to see price correct here.

Any LTF continuation correction would be ideal and add confluence to a buy opportunity.

Thank you