A long position was entered upon breakout and retest of what appears to be a broadening wedge pattern.
this is a low risk trade because despite Gold being ultimately bullish, a correction to $2530 was expected before further moves to the upside. fingers crossed that this goes as planned.
Remember to trade what you see and not what you think.
Entry, stop loss and take profit are as seen in the trade idea.
Stay safe and happy trading guys!!
this is a low risk trade because despite Gold being ultimately bullish, a correction to $2530 was expected before further moves to the upside. fingers crossed that this goes as planned.
Remember to trade what you see and not what you think.
Entry, stop loss and take profit are as seen in the trade idea.
Stay safe and happy trading guys!!
Trade closed: target reached
Trade target hit!!
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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.