GOLD BIG OR GO HOME?
Updated
1. Bullish set up with bear flag breakout
2. RR is good.
3. EMAS are in a bullish trend, would like to see more EMA getting more bullish (could be better). 1 hour chart EMAs are looking better
4. TDI is showing bullish momentum
5. Price action candle gets back above asian range. Will be good to see a break of today's asian range.
6. 1 hour chart Price action looking better
* Not an amazing set up but given fundamentally the weakness of dollar and bullishness of gold it would make sense to enter this trade with a proper position size down.
2. RR is good.
3. EMAS are in a bullish trend, would like to see more EMA getting more bullish (could be better). 1 hour chart EMAs are looking better
4. TDI is showing bullish momentum
5. Price action candle gets back above asian range. Will be good to see a break of today's asian range.
6. 1 hour chart Price action looking better
* Not an amazing set up but given fundamentally the weakness of dollar and bullishness of gold it would make sense to enter this trade with a proper position size down.
Trade closed: stop reached
I guess its go home for now
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