Gold squeezing every buyer before it can move back up be it a pullback or trend continuation, wide stop loss to avoid stop hunts , use 2% risk wisely
Trade active
Caught it at 1918.2 will ride it up , i will update as things move forwardNote
Added layer at 1915Note
Market makers are squeezing all the buyers hard , added more positions at 1913Note
Next area to buy the dip for me is 1907 already placed a buy limit let's see if Smart Money Comes inNote
Gold might try to take out more stop losses at 1900 area let's see how it unfoldsNote
Not a good practice to close to close wt stop loss but i haven't closed any of my trades although more risk than 2% usually take but I'm still bullish on gold after this squeezing cycle gold will trace back up towards 1961 atleast
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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.