Gold Trading Plan 07/14 - Continue Buying in Line with the Trend
📉 Technical Analysis:
Gold started the week with a sharp rise to the 3374 level, but quickly retraced back to the previous closing price. Structurally, there’s no change from my outlook yesterday for this week, so we will continue to prioritise buying.
📈 Trading Scenario:
🔵 Buy (BUY):
Buy Zone 3344-3346
SL: 3340
TP: 3355 – 3372 – 3387
Buy Zone 3328-3330
SL: 3321
TP: 3342 – 3355 – 3372 – 3387
🔴 Sell (SELL):
Sell Zone 3387-3389
SL: 3395
TP: 3375 – 3360 – 3354
⚠️ Note:
Stay aligned with my trading strategy and be ready to take advantage of opportunities. I will be sharing further insights and strategies to help you succeed in your trades this week!
📉 Technical Analysis:
Gold started the week with a sharp rise to the 3374 level, but quickly retraced back to the previous closing price. Structurally, there’s no change from my outlook yesterday for this week, so we will continue to prioritise buying.
📈 Trading Scenario:
🔵 Buy (BUY):
Buy Zone 3344-3346
SL: 3340
TP: 3355 – 3372 – 3387
Buy Zone 3328-3330
SL: 3321
TP: 3342 – 3355 – 3372 – 3387
🔴 Sell (SELL):
Sell Zone 3387-3389
SL: 3395
TP: 3375 – 3360 – 3354
⚠️ Note:
Stay aligned with my trading strategy and be ready to take advantage of opportunities. I will be sharing further insights and strategies to help you succeed in your trades this week!
Trade active
Today's buy plan in the 3344-3346 range has yielded a 130 PIP profit. Please close half of your position and set the SL to BE, and safeguard your funds!
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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.
Related publications
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.