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WBEclipse
May 31, 2023 11:09 AM

GOLD Long

GOLD (US$/OZ)TVC

Description

Here is my set up with GOLD. we got a breakout of the trendline with this beautiful bullish impulse, which also broke our previous resistance and now becoming a support. We are now in a consolidation phase if this set up fails I'm going to look for entry in the demand zone which is also our potential orderblock.

As target we got 1983 and 2011.
I mostly have 2 TPS if the other one fails then we close with some profits or go breakeven. I don't see having all in 1 trade is really beneficial.
But this is my personal set up.

Some traders may prefer highest reward but I focus more on being consistent and profitable
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