The gold price is being corrected down in the short-term uptrend. The correction target might be the test of the Intermediary Zone 1757 – 1755. After the IZ is tested, I suggest entering new purchases with a target at the high of November 15.
If the Intermediary Zone is broken out downside, and the US session closes the price below, the short-term will turn down. In this scenario, one could sell gold starting from tomorrow with a target in the lower Target Zone 1729 – 1723.
XAUUSD trading ideas for today:
Buy according to the pattern in Intermediary Zone 1757 – 1755.
StopLoss: according to the pattern rules.