GOLD Gold/ GC1! hit the 0.705 fib level right between the 0.618 and 0.786 what I like to call the sweet spot for fibonacci tools. If it misses the 0.618 then the 0.705 is just as good, signals are showing a bottom forming and slowly but sure the rsi is about to cross up over 50, it should pump hard this time-4.15R trade
-1.5% capital risk
-as soon as gold starts to move, we'll drag our stop loss to or even past break even if it really pops up hard...
Note
Feel free to join the discord for more trades like this and updates on those trades, I'll be capping the server at 500 members. You can get to just by clicking my website link next to the twitter link on the right hand sideTrade active
1.5% of capital used on this trade, potential loss would only be a 1.035% loss overall if trend reversed all a sudden.Note
move stop loss up to 3360Trade closed: target reached
stopped out of trade Note
was not expecting a move like that hmm
SakisBack
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SakisBack
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.