we are going into corrective wave on Gold on 4H time frame
we finished the first pulse move of this correction wave on 1H TF and most likely the second too
we are now in the third pulse correction move which maybe take gold to 3000
we will sort Gold from this area
sell price around 3,320
stoploss 3,333
Target 3,270
RR 1 : 3
we finished the first pulse move of this correction wave on 1H TF and most likely the second too
we are now in the third pulse correction move which maybe take gold to 3000
we will sort Gold from this area
sell price around 3,320
stoploss 3,333
Target 3,270
RR 1 : 3
Trade active
we ll move stoploss to breakeven and increase the the targetStoploss 3,320
Target 3,220
Note
we ll move stoploss 3,270 to lock 50 pips we can also enter from price now 3,260 with same target and stoploss at 3,270
Trade closed: stop reached
trade closed with +40 pips
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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.