In my view, Gold currently presents one of the cleanest technical structures across the entire market. Ideally, I would like to see a downside manipulation first, followed by a continuation move toward the 4110 area to sweep internal buy-side liquidity. Only after that, a potential retracement toward the 3900 zone becomes reasonable. Any bearish movement that occurs without first taking buy-side liquidity does not align with my plan, and in that case, I will not consider opening any short positions.
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Trade active
move sl entry and trimmed 50% to secure profit Trade closed: target reached
Closed my trades, secured 2RR here
Almenio_WTF
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Almenio_WTF
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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.