Weekly Structure - Uptrend
Daily Structure - Uptrend
Gold has quickly recovered from the fall of last friday going up begginning of the week to 1.649,50. If we go to 15 minutes timeframe we can see that price is being rejected on this level (1.649,50). At this stage is the third time price is being rejected creating a triple Top. We can see price move lower back to 1.612,00 before goes up again.
TP1 - 1.632,00
TP2 - 1.626,00
TP3 - 1.612,00
SL - 1.654,68
Good Luck
Daily Structure - Uptrend
Gold has quickly recovered from the fall of last friday going up begginning of the week to 1.649,50. If we go to 15 minutes timeframe we can see that price is being rejected on this level (1.649,50). At this stage is the third time price is being rejected creating a triple Top. We can see price move lower back to 1.612,00 before goes up again.
TP1 - 1.632,00
TP2 - 1.626,00
TP3 - 1.612,00
SL - 1.654,68
Good Luck
Note
Trade Closed. Stop Loss HittedNote
Loss 8 Pips
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.