Gold Long Trade Idea
Gold has been performing amazingly on the short front for the past two weeks, what could be next on its agenda list
for the new month? Well it appears the WXYXZ correction structure has just been completed while adhering to the
channeling principle at the same time. Looks like the longs are gearing up to take over and I want to be a part of them
that do. I will be observing confirmations on the lower timeframes.
Let me know what your thoughts are for gold for the upcoming month. Are you still short? if so, shed some light so that
we may learn and be better in the future.
Have a blessed trading week ahead.
for the new month? Well it appears the WXYXZ correction structure has just been completed while adhering to the
channeling principle at the same time. Looks like the longs are gearing up to take over and I want to be a part of them
that do. I will be observing confirmations on the lower timeframes.
Let me know what your thoughts are for gold for the upcoming month. Are you still short? if so, shed some light so that
we may learn and be better in the future.
Have a blessed trading week ahead.
Note
Textbook
Targets: 1739.500
1756.100
Note
Break even established.
Trade closed: target reached
Target 1 hit
Note
Development
Note
Stopped out in profit with the remaining trade
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.
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.