As per setup.
Retests near 1470 will most likely get bought up. Just like how 1460 were bought up. Based on structure 1524+ are good targets.
Retests near 1470 will most likely get bought up. Just like how 1460 were bought up. Based on structure 1524+ are good targets.
Note
Though I’m bullish now, Gold hitting 1524+ still fits within the “rally and fail” context. Refer to my comments posted here:
I’ll be watching out for WXY, WXYXZ or ABCDE ascending wedge.
Note
TP1 is 1495-1500
TP2 is 1524-1535
Note
Note
This week 31st Dec to 3rd Jan is perfect movement:
1525 to finish the year, then retrace to 1495 to start 2020. So it will retrace half of last week’s candle before rallying again.
Trade closed: target reached
Closing long positions near 1495+. Keeping the lower ones.Trade closed manually
Closing off all long positions here at 1541.
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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.