Gold in a range but has created a liquidity grab to the upside after yesterdays range.
It has now broken this range to the downside after the liquidity grab. Potential idea for price to retest the supply zone marked up on the chart.
sell from this zone aiming for a target at 3269.00
Entry : 3395.802
SL : 3415.50
TP : 3271.50
Will only take short once price swings back up.
It has now broken this range to the downside after the liquidity grab. Potential idea for price to retest the supply zone marked up on the chart.
sell from this zone aiming for a target at 3269.00
Entry : 3395.802
SL : 3415.50
TP : 3271.50
Will only take short once price swings back up.
Note
No return to the supply zone but price did drop to 3275.303 as of 9th May. Directionally exactly what was predicted for the drop but sadly missed the trade waiting for confirmation.
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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.
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.