Gold looks very bullish and has closed above zone on the 30mins candle showing likely to keep pushing up. Upon seeing a close above structure I waited for retracement to my entry zone. I put a buy limit @2025.00 with sl @ 2022.75 risking 20pips. Aiming for atleast 1:3-1:4, R:R.
Gold had dropped +500 points and now formed a double bottom and rejection. On the second leg we see Doji form with price breaking slightly below the Doji causing most to sell however the next candle then closes above Doji which indicates a fake out and the real move is a bullish with a probability for this to push up. Upon seeing the bullish pin bar close I...