Gold Trade Update: Level-to-Level Strategy and Key Triggers.
On Sunday, I shared a detailed trade idea with the reasons why you should buy gold at this support. Those who took the trade Congrats!!
Now that we're approaching the previous week's high, the next step is to watch the price taking out all this inefficiency highlighted in red and drops back below the previous week's high.
If that happens, it’s my trigger to sell down to Monday’s low. If that level breaks, I’ll target even lower to the monthly open. It’s all about trading level to level, following the price action and cutting through all the noise. Follow for more.
Now that we're approaching the previous week's high, the next step is to watch the price taking out all this inefficiency highlighted in red and drops back below the previous week's high.
If that happens, it’s my trigger to sell down to Monday’s low. If that level breaks, I’ll target even lower to the monthly open. It’s all about trading level to level, following the price action and cutting through all the noise. Follow for more.
Trade active
Congrats for taking this trade, Once lose this trendline your first TP is Monday High.
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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.