There is opportunity to trade gold. There are two options
Long position: The price has retraced from fib level and we can make the recent high as TP level
Sel Stop: We can place sell stop at the brekout of recent HL and base the TP & SL based on Fib levels. There is a minor divergence so this can be an opportunity.
Long position: The price has retraced from fib level and we can make the recent high as TP level
Sel Stop: We can place sell stop at the brekout of recent HL and base the TP & SL based on Fib levels. There is a minor divergence so this can be an opportunity.
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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.
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.