We are buying Gold @2324-2326, targeting 2340 region. Goodluck and safe trading.
Welcome to a new trading week everyone! We will be beginning with a Gold short, remember to keep risk management in check!
Our last short was stopped out with 60 pips, we are still bearish in bias and believe a real drop should occur today. Recovery Trade active.
Gold after raiding mitigation zone has placed new highs at 2360. This is taken as liquidity sweep so our sell orders are in again.
Gold is resting at Mitigation Zone as expected. Shorts can be taken down to 2310 level. Our buy from yesterday ran over 200 pips.
Yesterdays gold trade ran for 70 pips and stopped us out at break even. Today XAUUSD is showing support at 2313 , we are still targeting mitigation zone to the upside.
Gold is currently reversing from 2319 towards mitigation zone at 2336-2340, we expect this level to be tapped before further downside is presented.