GOLD made a 100% retrace and retested the previous lows
A rejection with a stop hunt confirms the bullish price action
slightly debatable Double Bottom , the wick down was stop hunt in my opinion
Risk/Reward is good for this trade so long opened with profit targets
Always DYOR
DXY solid daily hammer also shows that Gold is a buy for now
A rejection with a stop hunt confirms the bullish price action
slightly debatable Double Bottom , the wick down was stop hunt in my opinion
Risk/Reward is good for this trade so long opened with profit targets
Always DYOR
DXY solid daily hammer also shows that Gold is a buy for now
Trade active
Note
Stop moved to breakeven slNote
Nice—took 50% profits hereRest running on breakeven sl
Trade closed: stop reached
Stoploss hit on breakeven
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Related publications
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.