Gold met key ressistance and people need to take profit.
We are seeing a corrective movement that we could anticipate to gain some profits.
- 4H candles show confirmation for corrective/reversal pattern
- 1H candles just breakdown below its neckline while creating lower high
- Fibonacci retracement will be good setup to take profits from there.
Becareful massive gold movement, SL will be very usefull to keep your trade healthy
Good luck and DYOR!
We are seeing a corrective movement that we could anticipate to gain some profits.
- 4H candles show confirmation for corrective/reversal pattern
- 1H candles just breakdown below its neckline while creating lower high
- Fibonacci retracement will be good setup to take profits from there.
Becareful massive gold movement, SL will be very usefull to keep your trade healthy
Good luck and DYOR!
Trade active
Trade is on, Entry @1956.52Good luck
Trade closed manually
Done profit around 40pips. Small but enough for me. Will find another opportunities. Maybe for Long position since its in Bull phase (maybe)
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.