GOLD's Next Move (^///^) 1974
Updated
Gold made its way to our 1955 level. We took profit on our buys from 1930-1933 range to close for +250 pip move. We took a 30-pip loss on 1955 level after it was broken and reset for buys on the new candle. We will risk buying here from 1954 sl 1950 we will aim to take this to 1974. If price breaks back under 1954, we will likely stay out and wait for better entry (1913). We will take gold level to level keeping an eye on price action.
Note
RISK TRADE TAKE AT OWN RISK GOLD STILL HAS POSSIBILITY TO MOVE LOWER SO USE PROPER RMTrade closed manually
waited for price to make its move higher but has been consolidating on our support level. The daily will likely close doji suggesting a move to the downside. will close this trade with 60 pips profit and enter a new trade tomorrow when the price has revealed where it wants to go.
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