Feeling Long on Gold 4hr TF Markup!
Power of 3: Daily, 4 hour, 1 hour
1. Support Zone: 1871.080 - 1846.109
- Price rejected this zone October 6th.
2. Previous low hasn't been broken yet and stochastic rsi line is at the bottom of the stochastic. (bottom blue line)
-This gives me the indication that price is getting ready to shoot up.
3. All I need is a Parabolic Sar at the bottom of one of the next candles to confirm the move!
Disclaimer:
This is an idea only! Please use proper risk management and use your best judgement. This is not a signal but a setup for sure!
Feel free to comment! Follow! Like! I want to network with the community as this is a nice hobby that I'm aiming to turn into a lifestyle!
Stop Loss: 1870.411 or 18487.293
Take Profits:
1. 1918.628
2. 1940.425
3. 1967.505
1. Support Zone: 1871.080 - 1846.109
- Price rejected this zone October 6th.
2. Previous low hasn't been broken yet and stochastic rsi line is at the bottom of the stochastic. (bottom blue line)
-This gives me the indication that price is getting ready to shoot up.
3. All I need is a Parabolic Sar at the bottom of one of the next candles to confirm the move!
Disclaimer:
This is an idea only! Please use proper risk management and use your best judgement. This is not a signal but a setup for sure!
Feel free to comment! Follow! Like! I want to network with the community as this is a nice hobby that I'm aiming to turn into a lifestyle!
Stop Loss: 1870.411 or 18487.293
Take Profits:
1. 1918.628
2. 1940.425
3. 1967.505
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.