GOLD Risky Local Long! Buy!
Updated
Hello,Traders!
GOLD bounced off the horizontal support
Just as I predicted but the marker returned it back down
And the pice action looks bearish to me
However, the support is strong
And a local long provides a good R:R
So while risky, statistically its a win anyway
I suggest we wait for a reversal pattern to appear on 1H TF
And only then enter the position!
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Comment
There is a mistake in in the "short" near the title, It was meant to be a long, just a typo!
✅Join My FREE Telegram Channel: t.me/top_tradingsignals
✅Contact Me For Signals: t.me/toptradingsignalsfx
✅Visit my Website: toptradingsignals.net/
✅My Broker: toptradingsignals.net/bestbroker
✅Contact Me For Signals: t.me/toptradingsignalsfx
✅Visit my Website: toptradingsignals.net/
✅My Broker: toptradingsignals.net/bestbroker
Related publications
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.