Perfect setup for Gold right now. Price has pushed down to the zone/support area with the current candle being a bullish one. I expect price to continue up to the next zone. I will be holding on to this trade until then.
Trade closed: stop reached
Price failed to continue up.
Note
My stoploss was tight because it was gold. But looking at the trade you can clearly see how price manage to continue up after gathering enough liquidity to push.
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.