Longed at 1325.
Gold in a Triple combo wave WXYXZ (abc, abc, abc)
Volume anomaly on last drop.
Nice volatility, I expect a good retracement from here (78.6 fib).
This is short term, Nice Risk/Reward ratio. Huge volume support at 1319.
If I spot this rolling over, i'll manage the stop accordingly.
Gold in a Triple combo wave WXYXZ (abc, abc, abc)
Volume anomaly on last drop.
Nice volatility, I expect a good retracement from here (78.6 fib).
This is short term, Nice Risk/Reward ratio. Huge volume support at 1319.
If I spot this rolling over, i'll manage the stop accordingly.
Trade closed manually:
Closed all my trades on profit. I'm looking at stock markets. If they rollover we'll see liquidations and therefore dxy rising hurting gold at first.
I'll take a sit back and watch while the shorts on stocks evolve.
Cheers
I'll take a sit back and watch while the shorts on stocks evolve.
Cheers