Feds paused rate hikes. Gold is in major retracement levels. Overbought. I expect it to reprice lower. NFP's should be key indicator.
For confirmation. I'd like to see it purge buy-side during NFP's. Drop. Create a right angled ascending broadening wedge chart pattern. And then a retracement to the upside.
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Or...fix an imbalance between 1992.00 - 2000.00, and then drop.
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Okay, it went up, good. Now I'd like to see it purge buy-side today / next week. Create a swing high. And then start dropping.