Gold appears bullish today, with potential highs around $2,825 – $2,830. It’s advisable to avoid aggressive short positions until clear reversal signals emerge.
Key Trading Levels:
Optimal Buy Zone: $2,887 – $2,877, but only if a Change of Character (CHOCH) is confirmed.
Without CHOCH, bullish momentum is likely to continue.
Trading Strategy:
Wait for confirmation signals before considering short trades.
Implement strict risk management to safeguard capital.
Monitor price action & fundamentals for quick adaptability.
Trade smart, stay disciplined, and follow your strategy!