GOLD MONTHLY
Updated
Trade base on your own understanding, this idea base on monthly opening price at 2286.7
The idea must be clear that previous low before it rise up again. atleast 2265-2255
Once the previous low clear , we wait for price to form a shift of structure.
But if youre an agressive trader welcome to trade it in. Im waiting the price to comeback to 2286.7 for my entry.
This is not a financial advice, confluence and noise on lower timeframe makes you feel your wrong or right, but you must accept the higher timeframe key here!
Follow for more .
Trade at your own risk.
risk only 2% of your account.
The idea must be clear that previous low before it rise up again. atleast 2265-2255
Once the previous low clear , we wait for price to form a shift of structure.
But if youre an agressive trader welcome to trade it in. Im waiting the price to comeback to 2286.7 for my entry.
This is not a financial advice, confluence and noise on lower timeframe makes you feel your wrong or right, but you must accept the higher timeframe key here!
Follow for more .
Trade at your own risk.
risk only 2% of your account.
Note
Hello monthly traders, were back to its opening price.lets see on this week if price grab another demand below my expectation.2266-2250 might grabe that zone, maybe this happen on CPI.keep updated for new chart this week before CPI news, I update this idea.
Thanks to all who like this, this idea since posted is not telling to short or buy, Im waiting it to form for a buy order below the previous low. Now it makes sense for CPI to grab new low this week.
ciao...
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