Gold Spot / U.S. Dollar
Long

GOLD Trend-pullback Buy Off S&R

69
I had a really good entry for this GOLD buy, but unfortunately, I decided to move my stop loss too soon after seeing the sell reaction from the top of the range (Previous High). If I had not moved my stops, the price would have reached my target, even though I exited with almost half of the profits on this trade.

Price has made new all-time highs, which was expected, but I was skeptical of holding on because we had quite a few impactful news that would have affected USD strength and hence GOLD strength.

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.