Trader604

GOLD Apr 16, 2024 PreMarket analysis

Long
Trader604 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD Apr 16, 2024 PreMarket analysis

I just realized I forgot to published my ideas when.

Simple Trend Analysis and defining the Price Line. Identified the HH and LL. Then used Fibonacci. There is a definite pattern in the last few Fib Retrace. They're all hitting 618. Gold is going up. Go long Buy Entry $2368 ish. TP at $2389ish
Trade closed: target reached:
Hell yeah. Perfect execution. Simple analysis. Simple 30 min work on analysis during night owl premarket analysis.
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