Gold making a falling wedge, with lower lows on the 4H timeframe. We broke the 4H resistance and the falling wedge resistance at 1727. This. break formed a Higher High that gave us the confirmation to take the trade since we noticed a shift in the market structure. My Targets for this trade would be - 1735 (30%), 1754(20%), 1763(40%) and 1787 (10%).
Share and support!
Share and support!
Trade closed manually
Closed 1 position!have two more of 0.5 each. Stops at entry for both. Let's see
Trade closed: target reached
1st Tp done, Let's close one position.also, I opened another trade when it came down to retest at 1726!
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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.