Long

Potential Long on GOLD after nice pullback.

Updated

I've managed to catch a nice pullback on gold and expected the bearish will soon. Next, we are expecting gold to continue on bullish movement as it finishes doing some pullback.

There are pretty interesting key levels to watch especially on a daily timeframe and we need to pay extra attention to this key level to whether gold will continue downward or start to climb back as on rejection on the weekly trendline (blue line).

Overall I am biased on bullish on gold. Levels of entry SL and TP are as on the chart.

Trade safe and take care everyone.

Trade active

Price reached our TP around 300 pips. Now we need to watch carefully on the price action as current price is the key levels. Looking for confirmation before we can jump on the trade.

Trade safe and take care everyone.

Note

There are nice movement on H1 timeframe. I will place limit order at 1737.33. My SL will be below low 1670 - 1665 and my TP will be just around 1811.

Trade safe and take care everyone.

Trade active

My order limit at 1737.33 triggered. Lets find out how the market react.

Trade safe and take care everyone.

Note

What a new movement made by gold. Next we are expecting price to comeback and retest SNR on H4 timeframe around 1740.11 where that will be our re-entry (low risk entry).

Trade safe and take care everyone.

Note

Adjusted all entry to BE+ due to the news event Jackson Hole Symposium on Friday and Saturday.

Trade safe and take care everyone.

fakhruddinradi

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