Gold - Long (continuation of the uptrend)
Updated
Setup: Prices retraced to the 38.2 Fib level after an impulse which created a new high at the ±1700 level.
Trade: Entry at the retest of the strong 1650 area, with targets set at the 1740 level (-27.2 level) and 1790 in extension.
SL is set slightly below the 50% fib, protected by structures both at the 38.2 level and previous low at ±1642
Trade: Entry at the retest of the strong 1650 area, with targets set at the 1740 level (-27.2 level) and 1790 in extension.
SL is set slightly below the 50% fib, protected by structures both at the 38.2 level and previous low at ±1642
Trade active
Trade closed: stop reached
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