After observing triple bottom and last 1D candle. I am more confident of bullish swing now.
Enter at market, SL below 1220. Any dips should be bought.
First target 1249.
Enter at market, SL below 1220. Any dips should be bought.
First target 1249.
Trade active
Just entered another Long at 1226Note
If 1H candle close below 1220.50, take the loss.Trade active
Gold close "borderline" above prev low (1219.19) It still can go south. Now SL is an absolute number 1217. Below here, we can give up.Or you can choose to throw the towel here as well and close position here.
Good luck!
Note
This chart explains everything.
TP1: 1238 - SL: 1225
Reload @1232
TP2: 1247 - SL : 1235
TP3: 1267
Note
Miss the buying dip opportunity around 1232 area just now. Upwards to 1238 today. :)Note
FIRST TARGET REACHED!Note
There is the possibility of price visiting 1232 again. SL now moved to 1230 (Hourly close)Manage your profits, don't be greedy.
Once price trading above 1239 with confidence then we can enter more position.
Good luck.
Trade active
Since US news are good today, Gold will not be able to move much. And tomorrow is Friday, we have yet to break previous high. I am becoming suspicious.
I decided to take all TP today at 1249 maximum for the day, 1267 is a bonus for this week. For sure, SL has been raised to 1235.
Good luck.
Trade active
Breakout level is supported!I just add another small long position at 1238. I still believe 1249 will be visited today.
All SL shifted to 1237.
Note
One final and important note!If we got stopped out at 1237, I have a long order about 1239 to aim at 1249. Because the stop below 1237 might be a spike!
Good luck for this week.
Note
This how serious I am for the level!
Trade closed: stop reached
1237 1H candle is obvious.. Standing on the side until there is a clear uptrend or retraced deep enough.Trade active
Read above explanation why.Note
SL at Break Even. Just for precaution, today's trade is intraday. Whatever market gives you. Keep it for week closing.Trade closed: stop reached
Stop at BE. unfortunately..
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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.