Potential Buy Setup on GOLD
Updated
There is currently bullish momentum on gold, the previous 4-hour closed strong and bullish with the overall trend on higher timeframes still being up.
Realised there is HIGH IMPACT NEWS happening soon so looking to monitor and manage risk accordingly.
R:R 1:1
Currently entering Buys on gold at 1957
Stops to entry at 1960
Looking to exit the trade at 1967
Leaving runners to 1977 where there is strong resistance.
Whats are your thoughts and opinions?
:)
Realised there is HIGH IMPACT NEWS happening soon so looking to monitor and manage risk accordingly.
R:R 1:1
Currently entering Buys on gold at 1957
Stops to entry at 1960
Looking to exit the trade at 1967
Leaving runners to 1977 where there is strong resistance.
Whats are your thoughts and opinions?
:)
Trade active
Currently Running at +30pipsMonitoring trade with adjusted stops
Trade closed: target reached
CPI DATA pushed gold to 1970. TP achieved+130 pips
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