With an overall bullish trend, this looks like a good opportunity to buy some gold !! This juicy pullback to the 4h trendline looks like a good entry point. It has been pulling back to the 50% fib level after every swing up on the hourly chart, and is at the 50% level now.
Good luck :)
Good luck :)
Trade active
Note
I have been stopped out of my position. -0.5% loss. I will be looking for better opportunities to enter another long positionNote
I am going in again ... fingers crossedNote
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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.