Continuation or reversal?
I am looking to close my profits or break even if the market reverses on me. As labelled on my analysis where i want price to go in order for it to be a continuation. Of course there will be a little pull back.
Had a great sniper entry on Gold, now im riding it up but i am expecting consolidation around the 1790 area. I then will see where price is wants to go. Overall i see it going up.
GOLD is hovering above prev daily highs and looks as if it is going to break above, if it does break above, 1760 will be the target. If it doesn't, then it will retest 1749 level before heading up
I am still strong on GOLD heading up to my sell zone, because as it shows on my FLIP chart where exactly I wish it to be. So Im still holding onto my LONG trades just until I can be risk free before slamming into a sell