Gold has reached the area of previous wicks. It's the best to close the position here, especially since the price is pulling back from this level.
I closed the position I opened yesterday based on the previous trading plan.
For the uptrend to continue, we need a breakout above today's high. That level could be used to open a new long position.
Alternatively, we can wait for a setup after a pullback. The pullback may potentially reach the 3330 level.
I closed the position I opened yesterday based on the previous trading plan.
For the uptrend to continue, we need a breakout above today's high. That level could be used to open a new long position.
Alternatively, we can wait for a setup after a pullback. The pullback may potentially reach the 3330 level.
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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.
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.