Gold back to $1300

- if you follow this setup, do not overleverage
- do not use more than 1% of your balance


simple and effective:
-speculative setup
-daily perspective
-no fast gains
-setup could take days/ weeks
-enter at R2-Q pivot between 88.2 and 78.6 Fibonacci
-might fall from here
-$2000 could be a tough resistance
-$2000 also has a psychological effect and could induce people to sell
-i also expect a bullish dollar in the near future which is bad for gold
-SL above R3-Q
-target is 1.618 Trend based Fibonacci at $1366
-RR 6.57

-updates will follow
-if you don't want to miss anything, smash the like button ;)
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good luck


not a trading recommendation or a investment advice
just my own opinion