Hello Everyone, i want share my idea and signal about gold for today.
i am going to long today gold because after came into daily support we see some bullish trend change movements i am going to open my long position until US start their session.
Open price -1894.5
Stop loss - 1891.00 (behind of last LOW)
Profit target - 1903.00
Reason why i think like that - we had some strong BOS which was following trend but then we saw there are new strong buyers which change with strong movement price direction and made new BOS upside, Fibonacci showed us the best entry points and kill zone with full of buy orders is same as Fibonacci high levels.
if price will not touch the entry point i will not open another position at gold.
BE PATIENT!!! MANAGE YOUR RISK