As I personally think we will see gold hitting 5600$!
Based on what?
Well this is why I think what I think !
My first target hit long ago(as you can see in the image) and I sold all my Long term position already...Sadly.
I honestly thought price would have retraced a bit but instead it didn't even stop.
This strongly convince me , now that we have created a monthly FVG above 0.75 DRT level, that price will retrace in it and that will give me an advantage to open a light swing trade to last target 5600$.
Check it out and see if you like the idea.
Based on what?
Well this is why I think what I think !
My first target hit long ago(as you can see in the image) and I sold all my Long term position already...Sadly.
I honestly thought price would have retraced a bit but instead it didn't even stop.
This strongly convince me , now that we have created a monthly FVG above 0.75 DRT level, that price will retrace in it and that will give me an advantage to open a light swing trade to last target 5600$.
Check it out and see if you like the idea.
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.
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.
