Buy idea for Gold, +800 pips potential
Updated
Hello traders, there was a big pullback in Gold on friday. Price fell almost 90 USD( or 900 pips).
However, price is currently at the hourly support zone. So, if the hourly support zone remains
unbroken, traders can consider buying Gold@2340-2350 with Stop loss below the support zone
and TP at 2430.
With the current geopolitical situations and tensions in the Middle-East, we can expect Gold to be in demand.
However, price is currently at the hourly support zone. So, if the hourly support zone remains
unbroken, traders can consider buying Gold@2340-2350 with Stop loss below the support zone
and TP at 2430.
With the current geopolitical situations and tensions in the Middle-East, we can expect Gold to be in demand.
Trade active
Bought@2345Note
130 Pips or 13 USD profitTrade active
Bough5 again @2326Note
600 Pips on the second buy and 410 Pips on the first buyTrade closed manually
closed@2394Results : 490 Pips on first buy and 680 pips on second buy
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