GOLD - 4H chart viewpoint

The key resistance at 1815 has finally been breached. I now expect a correction (profit-taking) to occur at the start of the week. This should provide us with an entry on the 1H timeframe ideally to enter a long position to target 1845.

Let's see how this develops.

Trade safe

Sunny Kumar

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We are receiving a form of correction. Trade still in tact, just require structure to develop.

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I will inform when trade is invalidated. Unless we receive a daily break of 1789 trade I am still targeting 1845 short/mid term

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We have received a deeper correction than expected. Now we await further structural development

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Trade in play. Yes we had a deeper correction to grab orders but we are now active.

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I am out of this trade.

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In theory this trade corrected deeper and now we should see 1845 being hit soon

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1845 did get hit - but not how I anticipated.

sunnyk92

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sunnyk92

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