GOLD-SELL strategy Daily chart
Gold vs US Dollar PEPPERSTONE:XAUUSD
Judging the move higher using shorter period (3-hourly) we have moved too sharply. Overall GOLD is establishing a base $ 3,900-4,050 and overtime we may see $ 4,500 test.
For now SELL and keep stops tight and recovery likely somewhere $ 4,150 again.
Strategy sell @ $ 4,250-4,300 and take profit near $ 4,175 for now.