Buy / Long on Gold on 15 M Chart
Gold has shown the divergence in downward trend on 15M chart giving probability of reversal, If Gold breaks structure of 2754.5 in upward trend, a buy trade can be taken. Trade to be only taken if price breaks the structure after confirmation of 2 candle closing and once price retraces back near 2754.5 to 2748. with TP 2771 and SL 2736.
If gold is bought at 2748 then TP 1 can be kept at 2763.
I am sharing this analysis for reference only.
If gold is bought at 2748 then TP 1 can be kept at 2763.
I am sharing this analysis for reference only.
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