I got these 2 zones of interest on a Gold buy. The purple zone and the green zone. I personally prefer the green zone but the purple zone could give some pips. Gold is pulling back on the delay of ground invasion of Gaza. Even those yields and the DXY are pulling back, gold is dropping. Gold is 100% on safe haven mode right now. Keep your eyes on the Israel and Gaza news update as it is what's driving gold at the moment.
The purple zone we got 1950+ 23 fib+ break retest of a pretty strong zone.
The green zone has the 38 fib+ 1925+ 100 and 200 Daily MA sitting there.
We know gold move fast so don't be greedy.
Good luck
The purple zone we got 1950+ 23 fib+ break retest of a pretty strong zone.
The green zone has the 38 fib+ 1925+ 100 and 200 Daily MA sitting there.
We know gold move fast so don't be greedy.
Good luck
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As I was wrriting my trade idea, Gold touched the 23 Daily fib and purple zone
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Up 50 pips from purple zone. I won't lie, I didn't have time to take it since I was writing my trade idea.
No FOMO... We wait on the next trade
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Perfect trade
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If you in SL at break even before the newsNote
Very good US PMI Flash numbers. The trade will go back to entryNote
No... it keeps going
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150 pips from entryNote
200+ pips now
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trade made 300+ pipsNote
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Coming close to 400 pips.
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550 pips
Trade closed: target reached
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Trade is done. 500+ pips
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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.