Buying at current prices is risky, although there's no guarantee that price will dip but I'd rather wait and buy low with a small risk. Buy the dip would be my strategy if we get a pullback.
Note
Or option two which is aggressive...Note
Another view on the 1h TF. you could also call it a break and retestNote
Okay so option two was very risky, which gives way to the first option, the safer and less risky option. Note
Nice bull move from the area of interest...Note
Man, oh man!!! Nice bounce from the area.Note
Can Gold sustain this move? We shall see. Either way, it was a nice little move upNote
Let's goooooo!!!!Note
Where to from here? Well, this pattern is usually bearish and it's best to wait for the market to decide the direction and then join in.Note
Still pushing...Note
Level held really well...Note
Note
Target reachedNote
Even more upside...
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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.