This might be a very strange trade idea after FOMC minute release yesterday. However I prefer long with TP marked in the Chart with SL BE
1252-56 will be the leg bottom
Trade active
I entered Long @ 1252 with a TP of 1270 as initial target. Waited a little to see where the gold is going to behave this week. The volume not good so far to short gold.
Note
The Harmonic View. Bearish BAT in small Time frame.
Note
A very quick update.. No bullish momentum to hold the long position so far. Probably we should get bulls around 1229. Bat bullish along with 121 bullish pattern. I hedged my Long here and shorted gold towards 1230.
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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.