for this weeks trading, am expecting more bullish price action.
i would be looking for more of buys for this week. the reason is simple, take a look at the monthly chart on gold its bullish.
looking at the 4hr chart of gold we have a series of market structure shift to the upside, so preferably i would like to see price trade down and take out the sellside liquidity before trying to reach for previous monthly high were buyside is resting.
This is not a trading signal. Stay safe
i would be looking for more of buys for this week. the reason is simple, take a look at the monthly chart on gold its bullish.
looking at the 4hr chart of gold we have a series of market structure shift to the upside, so preferably i would like to see price trade down and take out the sellside liquidity before trying to reach for previous monthly high were buyside is resting.
This is not a trading signal. Stay safe
Trade active
Hi guys just wanted to update you guys about the gold trading idea i posted last week. price tapped into our zone beautifully took out sellside liquidity just as we expected and started rallying to the upside. i have close about 75% of my long posistion already. my expectation for this week is to see price delivery our full target which is that buyside liquidity.
Trade closed: target reached
Full take profit has now been hit. Pls follow me to get notification when I post a trading idea.
Until next time, be safe.
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.
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.