GOLD LONG SETUP 2R - MS Break on 4H
Updated
4h chart suggests upside momentum next week imo. Broke market structure + closed above the 50 EMA. It was unable to create a LL after the low at $1453.
Besides that, USDX (DXY) has swept a daily high with a violent rejection. This tells me that price wants to go reverse (short term)
Besides that, USDX (DXY) has swept a daily high with a violent rejection. This tells me that price wants to go reverse (short term)
Trade active
All limit-buys filled.Note
Currently +90 pips profit. Moving Stoploss to entry and first TP is 1473.
Note
TP1 Hit. 120 pips profit. Stoploss at entry and letting the rest run for 1480.
Trade closed: target reached
Full TP reached. +190 pips / +2R
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