krakken

GOLD SELL IDEA

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Sell off the short term support break.
1804 could press as support.
1795 is a major support.
1750 would be overall short aim but realistically TEST 1 1778-1780 area first.
Comment: Be aware of volatility around US market opening & data releases, and key S&R zones

TP 1 : 1804 ( playing it safe )
TP 2 : 1795
TP3 : 1780
TP 4 : 1750
Comment: note 1815 area
Trade closed manually: CLOSED THIS Sunday 8th August 11:51pm @ 1735.100
Felt a corrective pull back was imminent & JD Honey did nothing to calm my nerves, just got the best of me whilst watching this market at that time.
Then after I closed my sell price bounced my ultimate aim of 1680 (thought it would take a little longer to reach than it actually did!!)
The 1680 zone on the daily is a key support since last year and tested back this year in march.

Comments

USD weakening, don't enter yet! wait for confirmations
Reply
@Abzii It’s all good darling 😁 My original idea posted was to enter a sell from a nice break of the temp support, but instead all the volatility & releases pushed price to test the resistances 🤓 so I entered a cheeky sell off the that @1828 🤗 thank you for the comment though, all the best 🥰
Reply