Hello traders. Watching the 2526 area and if push up past that, then the 2433 area. If we push up past that, then the 2450 area would be the next place for potential short positions. Not much stopping gold at this point as we make new ATH after another this year. Big G gets a shout out. Let's see how the current 4 hour candle closes and we also have the NY open in an hour and 20 minutes. Be well and trade the trend.
Note
Took a quick Buy scalp from 2521.29. I closed 50% of the trade at 45 pips profit, moved my Stop Loss to my entry point and left a runner ( the remaining 50% of the trade) running. Let's see how it goes, either way no loss. Big G gets my thanks.Note
2326.18 is the area we need to break and close above or reject with the NY open and push down a bit.
Pip Whisperer
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Pip Whisperer
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.