The 1h gold ain't rallying anymore. It was a sucker designed to prime the Bulls to take the so called retracement. Now watch the NY boys slam gold down. Thursday high should be an indication where the banks want to take Price. Have no reason to think price can just magically rally from that Thursday head fake bearish engulf.
You need to be nimble and play with tight stops and very small TF. It's all risk reward and early entry. Late entry or chasing price will get yourself killed.
Good luck Bulls.
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