I’m expecting a good pullback and correction.

Wait 5 sec.

I’m expecting a good pullback and correction.GoldOANDA:XAUUSDPouyanFaGold is in a very strong bullish trend and has managed to set a new high. Right now, we can see it making a pullback in the direction of the trend, and I think we should wait for a deeper correction before entering a long position, since the rally has been very strong and needs more consolidation. As for short positions, there’s nothing to discuss — they would be completely wrong here.