I will be keeping a close eye on the price action for Gold on Wed (depending where you are). Trump speaks tomorrow and that could have an impact on it.
My position on it remains uncertain, it still shows a down trend since July, but is also now retesting key resistance. I will wait and watch and remain neutral. Good luck everyone!
My position on it remains uncertain, it still shows a down trend since July, but is also now retesting key resistance. I will wait and watch and remain neutral. Good luck everyone!
Trade active
Gold corrected a bit this morning. I felt that it hadn't reach Key Resistance yet. I got in long at the mentioned stats:Long @ 1180
S/L @ B/E
Trade closed manually
Gold's move was strong and quick, there was a huge pin bar for a while and now there is a bit of retrace. Lots of volatility this morning. Closed 1/2 @ 1187.38 (+806 pips)
Closed 2nd 1/2 @ 1183.61 (+429)
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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.