Gold/EURLong
Bullish Gold EUR
Price leaning against downward trendline
Downtrend has been weak. Could be a good point of inflection.
Bullish bias based on higher time frames.
Entry is aggressive on breakout of box drawn - lots of price action above current level. Anticipating clean move up otherwise keep this one on a short leash.
Better setups coming to upside potentially.
0.5% risk per trade of 1% if you're feeling lucky
Downtrend has been weak. Could be a good point of inflection.
Bullish bias based on higher time frames.
Entry is aggressive on breakout of box drawn - lots of price action above current level. Anticipating clean move up otherwise keep this one on a short leash.
Better setups coming to upside potentially.
0.5% risk per trade of 1% if you're feeling lucky
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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.