Hello traders. I usually do not take trades when the market opens, unless I was holding one over the weekend. Saying that, I am going to see how gold reacts at the areas marked on the chart. $2321 / $2325.79 and $2331 area all areas I will be looking at for now. This is just speculation and a post about my potential trade set ups / ideas. DYOR. Big G gets all my thanks. Let's see how the next few hours play out. Be well and trade the trend.
Trade active
Hello traders. I do not like to trade in the range, but I took an impulse Buy from 2325.05. Only 15 pips in profit and I will move my SL to my entry point for now, not looking for any losses. Very thankful for my scalp buy for now. I am not convinced we won't come down again. I am looking to get in low, or grab the move up. Areas on the chart are marked. Back to bed, catch you all at the Pre NY / Post London session. Trade closed manually
Took 22 pips in profit and closed it out. See u all tomorrow. Big G gets a shout out.Note
Looking at the 30 min chart, if we can stay below $2329 / $2327.87 then I can see a nice push down. On the other hand, if we break and close above said area, then we may continue up towards the 2333 / 2336 area. Just looking for quick, clean scalp set ups. I will post a chart in a few. Happy Monday to all. Shout out to Big G.Note
As per the above comment, gold pushed up to the $2337.31 area ( 2336 is what I had posted as where gold may move up to). Saying all that I just closed a 50 plus pip scalp Sell from 2336.31 Waiting to see if we push straight through 2326.51 to retest 2321, or do we push up again first. Patience is key. Chart coming shortlyTrade active
Took a Buy from $2326.52... 32 pips in profit, securing 75% of the trade, moving SL to my enty point and leaving a runner running. Big G gets a shout out. This is a 1 hour chart on my C4 trader platform screen shot.Trade active
BOOM. Scalping up and down. Currently SOLD from $2332.41.. 40 pips in profit as of this writing. Secruing 75% of the trade's profit, moving my SL to my entry point ( break even ) and leaving a runner running. Amazing week thus far. This is my 3rd and final trade of the day. Be well and all thanks goes to Big G.Note
Just hit 50 pips. KABOOM
Pip Whisperer
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Pip Whisperer
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.