Gold Pattern Formation
Updated
This commodity has been forming a rising flag for the past few days (which IMO is a strong indicator of a bullish momentum.
I was waiting for the price to hit the bearish order block at 2629 with the SL at 2640 but my entry will be at 2620, SL at 2635 and targets at 2581 and 2535.
I was waiting for the price to hit the bearish order block at 2629 with the SL at 2640 but my entry will be at 2620, SL at 2635 and targets at 2581 and 2535.
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We are liveNote
Update the SL to 2610Note
Add another sell position!Note
The pattern has been completed and the price has retested the FVG formed in the 2612 - 2614 zone.Trade closed manually
Closed at break even.
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