GOLD to take the ride?
Actually nothing complicated in trading gold this time around except for Core Durable Goods Orders m/m and Crude Oil Inventories Fundamentals Orange file news coming up later today (25th of August 2021)
price broke out well from a a H4 closed wedge at the early hours of yesterday (24th of August) and aiming to retest a key zone at the wedge top coinciding with the S1 zone
what i will look out for is a significant rejection giving a WRTL PEP and with the nice hammer candlestick at the weekly tf...
I will look to ride up to the R zone at the 1830.00
Entry: 1796.00
Sl: 1780.00
tp1: 1807.00
tp2: 1830
lock profit as much as you can.
cheers
price broke out well from a a H4 closed wedge at the early hours of yesterday (24th of August) and aiming to retest a key zone at the wedge top coinciding with the S1 zone
what i will look out for is a significant rejection giving a WRTL PEP and with the nice hammer candlestick at the weekly tf...
I will look to ride up to the R zone at the 1830.00
Entry: 1796.00
Sl: 1780.00
tp1: 1807.00
tp2: 1830
lock profit as much as you can.
cheers
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