Spoiler alert - horrible charting skills incoming!
Gold looking like it finished it's retrace and respecting the long term support? Three higher lows, two higher highs on M5 look like it may head back to that 1240 area to either bounce again or test another breakout IMO. Also looks almost like reverse head and shoulders at the bottom there? If you squint a bit.
I'm in for a manual (I just can't help myself sometimes...) long trade with stop set just shy of the 1240 mark but might close earlier if it starts looking weak - not a huge targeted move but I think a few things lining up here.
P.S. - Do people trade commodities in this thread or is it just FX?
