Trend is clear. All yellow lines are parellels. Low risk high return oppurtunity in my opininon. If trade fails, I am gonna look for buy position opportunity at 1865, if 1865 doesnt hold, it is the end of gold we go to at least 1798.
Disclaimer: This is not a trading advice, Please do your own analysis.
Disclaimer: This is not a trading advice, Please do your own analysis.
Trade active
Trade active at 1878, 3$ SL, after 5$ profit, move it to open price. TP 1950Trade active
I dont see strong buyer movement so, I moved SL to open price early, no risk trade, time for coffee.Note
It did move up 5$ anyway. Use trailing stop 5$ now. Do not forget, today CPI data is coming.Trade closed manually
Price is moving in little triangle between descending channel and ascending channel, price didnt moved as I expected unfortunately. I closed my position at 1880 with 200 pips profit.Note
Triangle I am talking about:
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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.