🏆 Gold | Long Setup
The question is not that it's overbought, but how long will it be overbought?
The primary bullish trend is intact, and after a healthy 38.2 correction on H4, waves turned back upwards and the countertrend broke.
Until the below H4 pivot is intact, the target is the H4 target Fibonacci 161.8 that coincides the Daily 250.