Wednesday's news prompted gold to roll back, allowing bulls to continue working for an increase according to the ABC pattern.
This means that the previous trading plan for gold is still relevant, and the main target is still $2,075 or higher.
Based on this, the potential movement from the current prices is over 20,000 pips.Upcoming report on US employment will also add volatility to the market.
This trading idea is based on the Price Action and Stop Hunting strategies.Good luck and have a nice day!
