Potential buy for Gold ??
Updated
Reason to Buy
1) Long-term downtrend-line has been broken with a strong breakout candle = uptrend
2) Strong rejection from 1212 support = engulfing candle
Two possible entries
1) Buy from near-term support
2) Inside Bar + strong breakout + pullback (Inside bar formed below resistance)
Stay tuned!
1) Long-term downtrend-line has been broken with a strong breakout candle = uptrend
2) Strong rejection from 1212 support = engulfing candle
Two possible entries
1) Buy from near-term support
2) Inside Bar + strong breakout + pullback (Inside bar formed below resistance)
Stay tuned!
Trade active
Bought.Tp1 at previous high
tp2 around 1260
Trade closed: target reached
Tp1 hit while remaining breakeven
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