Gold is still bullish but we need some more down moves to build up demand for Smart Money to move into the zone , also looks like a bear Flag formation on 4H chart to me
Trade active
I entered the trade at 1878 and then posted itNote
Running 30+ pips in Profit, if price goes up again tgis setup is still valid for enteriesNote
Price is playing up and down game the deciding time is upon is nowNote
Added another layer at 1883Note
Added another layer at 1889 , it's looking like a stop loss hunt to me for now SL moved to 1907Note
Running 100 pips from latest entry crazy stop loss huntingTrade closed manually
Got 100 pips on my initial entry at 1878 , 150 pips on second entry at 1883 and 210 pips on my last entry at 1889 , crazy moves crazy profits !!!Note
All trades closed at 1868 , Let's not get GreedyNote
If you're still in the short I'll advice to get out of all positions you must be pocket full in profits , tomorrow it can get a rollercoaster due to data release
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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.