Gold Journal

Gold Journal

The 4hour 0.382 level
which is the golden zone entry
of the 4h at 2045.80
which is the same level as
a support line

If we break past the 2043.40
level which is the 0.382
golden level entry zone on the
1h fib level then thats enough
confluence for sells

Take sells to the next perfect
exit point which is the 0.5 level on the 1H Fib
as TP 1 which is 2038.60
which is also the start of the next
support level.

If we break the support level tested
at 2036.94 then TP 2 will be set at
2032.51 which is the 0.5 level
on the 4H chart and the exit level
0.618 on the 1 hour chart

With proper hedging and risk
management try stretch to
TP 3 set at 2030.11