Waiting Gold to retest zones around 1770 for bullish setup

Basically, my trading idea is based on weekly chart which you can see clearly the long setup at the bottom is a not bad one.

For the daily chart, it formed a inside bar pattern(so hard to find a good entry) until 20 minutes ago that the structure got violated. Very often, we should wait for opportunities, instead of chasing them.

Until price forms a clearer and high probability pattern to join in. Now, chart is sort of choppy for me at least on the daily and hourly chart.

Yorum:

with a lower low created on the hourly chart, momentum is still to the downside.