Gold Spot / U.S. Dollar
Long
Updated

Game of Patience

409
1st scenario :my pending orders @1236 (224% Fibbonacci) my target is 1285 (38.20% fibbonacci) and 1315 (61.80% Fibbonacci) + back to trendline Resistance.

2nd scenario : price going up before they hit my pending order.

other possibilities will be consolidated in the area of 1269-1235.
Note
i'll find other good entry if the price break the trendline.

snapshot
Note
the price already went up, so i change my pending order to 1247 with SL 1244, if the price hit my SL, i'll back to the old set up, goodluck.

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.