Daily showing a nice bullish bias here. We can expect a possible small drop to the lows of the Asian session, but you can enter here provided your position is sized properly. If you're patient, a better entry can likely be found a few dollars lower. Perhaps 1902. That may or may not happen, but what I know for certain is that the Daily has shown a bullish signal here. We have a swing low that has shown willingness to trade up from yesterday's close, on today's daily candle.
I don't think gold is done with it's correction overall, but just given what we see here, we could see a nice swing trade up for the next day or three.
I haven't taken this yet but it's very likely that I will. First, I'd like to wait and see if we have any fakeouts on the 15 minute chart where I can get a nicer entry below the Asian session lows.
Good luck.
PS, there is a reason that I listed target 3, but if this trade works out nicely, I'm more comfortable taking the majority of profit on target 2. Especially because it's election week - the most challenging week of the year for traders. Caution should be the name of the game for us right now.