Hello traders. Gold dropped pretty good yesterday. I am lookng to buy from the marked zone on the chart. This is all speculation. I can see buys but I also see that gold may tank and sells can also be valid, but only if we break and close below the area marked and identified on the chart. All thanks to Big G, my mentor. Trade the trend and be well. I think gold should start to push up by 1755 / 1757 area. Always get confirmation before entering any trade.
Note
Took a buy at 1761.60 Already in a bit of profit of about 30 pips so I closed 50% of my trade, moved SL to break even and left a runner running.. I have a buy limit set at 1757.50 . I may take it out and be thankful for my wining trade. 3 trades per day is best to stay profitable imo. Be well and all thanks to Big G, my mentor.
Pip Whisperer
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Pip Whisperer
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.