Gold long idea
Main trend is still to the downside. Currently, I'm expecting gold to make a LL and grab the Daily liquidity. After that we might see an retracement to the upside. 1876 is the breaker block that we could have a resistance. From there entry point until the LH in the premium area TP.
please trade on your own risk.
And good luck.
please trade on your own risk.
And good luck.
Note
sorry guys, i have to update the breaker block price which is on 1856. Should reverse on that stage. Cheero
Trade closed: stop reached
As I mentioned before, main trend is downside. So price directly went down. I guess retracement will come around 1840. Stay tuned and we will check another level next week.
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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.