There is an overall bearish Trend on Gold, but the Price will retrace upwards to take out a level of inducement, which is the pullback after the break of the structure and also clear the liquidity at the previous high that was created last week on the high timeframe. So you can still get a retacement to buy on h1 to clear those levels/areas. Although the main trend is bearish
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.