Gold (MGC/GC) Pullback into 1 hour demand

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Gold (MGC/GC) Pullback into 1 hour demandMicro Gold FuturesCOMEX_MINI:MGC1!TraderHustleThere was a 1hour break of structure up. Noted by the green solid line and a blue demand zone rectangle on the chart. Currently the price is retracing into that demand zone and is likely going to provide opportunities for continuation trades. You could wait for price to enter the 1 hour demand zone and wait for price action to change character/Flip from selling to buying pressure. Giving you a higher RRR. Or you could set a pending order at: Entry: 4520.5 SL: 4487.4 TP: 4738.2 RRR: 6.6+ There is a risk of a deeper pullback but it is not nearly as probably as a rejection of the 50%(dashed line) of the 1 hour demand zone in Blue There is no charge for awesomeness! :)