Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After recording a new all-time high this week, GOLD has been surging in a parabolic manner.
🎯Next target? The $3,000 round number is lining up perfectly with the upper bound of the rising channel marked in red.
🏹Meanwhile, every bearish correction would be an opportunity to look for trend-following longs, targeting the $3,000 mark.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
📈 After recording a new all-time high this week, GOLD has been surging in a parabolic manner.
🎯Next target? The $3,000 round number is lining up perfectly with the upper bound of the rising channel marked in red.
🏹Meanwhile, every bearish correction would be an opportunity to look for trend-following longs, targeting the $3,000 mark.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trade active
Here is the medium-term video from 4H.As long as Gold is trading within the rising wedge pattern, the overall bias will remain bullish medium-term.
Trade closed: target reached
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.