Hello traders. I decided to take a buy in expectation that gold will start moving up from the areas marked on the chart. Once the 4 hour flips, clean buys above 1831. I took an impulse buy at 1820. Let's see how it plays out. All thanks goes to Big G, my mentor. If we break and close below 1815 on a lower time frame it will invalidate my current trading idea. Thanks for checking out my analysis. Trade the trend and be well.
Note
Even though the wick on the 4 hour came down to 1813. I added a position ,rode it all the way up to the 1820 buy I had, and exited both trades in profit at 1823.30 . Very thankful, Amazing trading day again!!!!
Pip Whisperer
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Pip Whisperer
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.