Gold Buying Scenario.
Updated
On Thursday the price retraced from the psychological level of 1400 on the correction after a huge surge. On Monday we will be waiting for the price to touch that exact level. I will update on 4H closing. I am dazing it very closely and if H4 candlestick pattern gives me any bullish signal I will be on buy side.
Upon the daily close below 1400 mark, I gonn'a see the price action and sell on renounce. for now Its in Buy position unless daily close below 1400.
Upon the daily close below 1400 mark, I gonn'a see the price action and sell on renounce. for now Its in Buy position unless daily close below 1400.
Note
Buy Stop @ 1398.50SL 1382
TP 1440
Order cancelled
Buy Stop cancelled due to a long bearish candle below the solid level. We will try to buy it again on formation of candlestick pattern on 4H chart.
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