Because of the Fed is going to raise interest rate we will see a falling down gold to 1440 to 1580 levels in my opinion.
So we will looking for short positions on gold.
DXY up Gold down....
Gold Entry idea.
After gold is going down we are looking for buy opportunities in this price area.
we are waiting for a bearish move to this area and want to see a long wick reversal.
if we don't see a bullish reversal this trade will be invalid.
GOLD IDEA
this week i will use my scalp strategy on gold so i will share a lot of setups for gold.
So follow me for more free trade setups.
No trading advice
Currently we have closed all our positions in profit , and now we are waiting to get a confirmation to enter a new trade.
After bullish trend momentum from 1852 to 1910 and strong rejection we will looking for shorts to 1828 / 1818 level.
For now i'm looking for shorts at 1878 or at 1858 an take partial profit at 1828 and 1818 price.
Let me know what you think.
Hello Traders,
This is a bullish scenario for gold,
I would like to see gold close above 1870/1872 level so we can add some more positions.
Upcoming fundamentals to keep in mind
NFP
FED
Russian President Vladimir Putin could formally declare war on Ukraine as soon as May 9, a move that would enable the full mobilization of Russia's reserve forces as...
Just a Trade idea we need to be patient if price will go to entry area.
But i think it can happen in the upcoming weeks.
use proper risk management.
Not Financial advice
