On the Daily chart, Gold seems to be creating a lower low indicating a downtrend after hitting a new record high.
TP and SL are marked.
Risk no more than 1%
Always do your analysis before following this trade setup
Once the trade is over 100 pips in profit move your SL to breakeven.
Follow for more swing trade analysis
TP and SL are marked.
Risk no more than 1%
Always do your analysis before following this trade setup
Once the trade is over 100 pips in profit move your SL to breakeven.
Follow for more swing trade analysis
Trade active
Over 600 pips in profit Move SL to Breakeven
More drop is expected
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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.