Gold will possibly retest at 1806 Trendline which is the breakout point from last week (weekly High). Stop loss 1799-1797
For this week target profit @1831-1834
Note: this is not a signal, just a possible trade setups.
All the EW is to me to a means of helping me identify positive trading opportunity(ies), I can identify a good positive risk/rewards ratio.
* Where are you placing your risk, and where is the target potential - absent where you are setting your stop/ where you are looking to take profit.
Leave your comments, or give a LIKE :)
For this week target profit @1831-1834
Note: this is not a signal, just a possible trade setups.
All the EW is to me to a means of helping me identify positive trading opportunity(ies), I can identify a good positive risk/rewards ratio.
* Where are you placing your risk, and where is the target potential - absent where you are setting your stop/ where you are looking to take profit.
Leave your comments, or give a LIKE :)