$XAU CONTINUED/FINALISED
Good Afternoon Traders,
Past two trades presented..
Rough….
But overall successful with the current stops on $2916 safe & the scaling in positions at $2917.89 mentioned in the ideas of 19/02 active.
Moving forward.
Big week for gold coming up and we should be forming an important low or high imo.
Obviously my targets are into $2980 so the bias here is bullish.
$$$2938.5$$$
That Guy.
In sight and still remains the most significant handle in this range to provide a breakout.
I’m looking for Asia to give us downside into entry off the bat before popping $2938.5 and setting the stage for the day…
Two profiles above. Both RR1:4+
First drop in at $2929 handle. I do believe the previous low is in concrete, and $2916 will hold..
Second drop is a more safer approach in at $2938.5 checking if we previously left $2929/31 respectively to place stops.
If we get the moving on this trade and hold $2938.5 it’s straight to the bank! 🏦
Cheers to yet another Banging week!!! 🫶🏽
LFG!
Past two trades presented..
Rough….
But overall successful with the current stops on $2916 safe & the scaling in positions at $2917.89 mentioned in the ideas of 19/02 active.
Moving forward.
Big week for gold coming up and we should be forming an important low or high imo.
Obviously my targets are into $2980 so the bias here is bullish.
$$$2938.5$$$
That Guy.
In sight and still remains the most significant handle in this range to provide a breakout.
I’m looking for Asia to give us downside into entry off the bat before popping $2938.5 and setting the stage for the day…
Two profiles above. Both RR1:4+
First drop in at $2929 handle. I do believe the previous low is in concrete, and $2916 will hold..
Second drop is a more safer approach in at $2938.5 checking if we previously left $2929/31 respectively to place stops.
If we get the moving on this trade and hold $2938.5 it’s straight to the bank! 🏦
Cheers to yet another Banging week!!! 🫶🏽
LFG!
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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.