Goldshortsetup
GOLD LONG OPPORTUNITY - CAUGHT OUT BY A STOP LOSS HUNTHey traders,
I was in a long gold position today, unfortunately price spiked down to my stop loss. I linked my previous analysis and trade idea.
Now I'm waiting for Gold to come back down to 1495 at the minor S/R before entering long.
Gold is still in an ascending triangle pattern and for that reason i am bullish.
Price today was unable to close below the bottom line of the ascending triangle pattern.
Risk to reward of 1.6
Daily trade analysis and ideas:
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