H&S on Gold
Updated
Take profit = $1220
Stop loss = $1325
Currently sitting on a short term 50% fib retracement to the downside. Also resting slightly below its monthly pivot point (standard).
Stop loss = $1325
Currently sitting on a short term 50% fib retracement to the downside. Also resting slightly below its monthly pivot point (standard).
Note
Rolling over from the (GCM19) June 2019 contract to the (GCQ19) August 2019 contract. At the time of rollover, GCM19 is at 1278.8 and GCQ19 is at 1284.2.Trade closed: stop reached
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