jaycoba

Short Term Gold Long

Long
COMEX:GC1!   Gold Futures
I had this same trade in back on the 19th and missed my entry by 4 ticks. Now the profit zone is much smaller, but I still have confidence in the zone because of the strength leaving the zone, location, and structure on the 1 hour. There is a deep retest and the profit potential is small, so I will be using an activation rule at 1444.8.

Entry: 1445.8
Stop: 1442.4
Target: 1457

Risk/Reward: 3.4/1

Leave some comments below on what you think! Let's start a conversation.

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.