Monday, April 2nd or Sunday April 1st, Long on Gold Futures

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Monday, April 2nd or Sunday April 1st, Long on Gold FuturesGOLD (US$/OZ)TVC:GOLDleadrain86Looking at the weekly candlestick chart on Gold, last week formed a nice buy hammer signal after a significant dip. With the way the markets are selling off from the Iran War, Gold might move up quite a bit. I'm looking for it to retrace back to 4550 and beyond, entry around 4450, stop around 4400. If you look at the 5 year weekly chart on gold, almost every buy hammer signal does nicely. Even the ones with a red candlestick after, quickly recover and move up.