Market open Sunday will likely give clues as to wether gold will continue to payout into near all time highs, or reject off of 2760 again and correct back downward. If price closes above 2760, considering the upward trend close enough to the price to make a safe long entry.
Trade active
Opening candle respected the upward trend line. Opening long with SL trailing below upward trend line.Trade closed: stop reached
Note
21 JAN UPDATEYet another 2760 rejection
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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.