A sad week for GOLD, a happy week to trade

Behold gold, approaching the lowest support from gold's current range, we are eyeing to long a quick 16 win to loss ratio of this asset. This bounce is expected to occur within a matter of hours hoping to take profit at the target or just trail the stop loss while moving up.

We are currently on a great support to bounce off off but I believe the lowest for the week is not yet printed.

If we go up from here, i will be looking for a short setup

But for now, I will be waiting for this level.