Hello traders. So we are still ranging, and until we break out of my "area to watch" then I will see about some trade set ups. I am looking for a break and retest in either direction. I am of bullish mindset but that is speculation for now. Let's see how things go as we are getting Pre NY volume coming in now. We have some news here in the US tomorrow, unemployment I think. Be well and all my thanks goes to Big G. Happy Wednesday.
Trade active
So I took a mini lot impulse Buy at $2410.99 I am 41 pips in profit as of this writing and I am securing 75% of the trade's profit, moving my SL to my entry point ( break even) and leaving a runner ( the remaining 25% of the trade) running. Big G gets my thanks.Trade active
55 pips in profitTrade closed manually
Closed it all out, nice scalp trade. We have some minor Canadian news today. Gonna wait to see what happens at $2417.83 That is my next area of interest if we push up that far. Either way, nice scalp trade.Note
So I caught another scalp up earlier today. But coming back to the charts now, we rejected 2431 area. On the weekly chart, I am still waiting for gold to break and close out of the weekly candle body. Above $2411.21 or potential sells below $2400.80 BIg news here in the US tomorrow. I will wait until then. Happy Wednesday to everyone and a shout out to Big G.
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.