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loumillioussama
Apr 21, 2023 3:33 PM

GOLD Trade Long

GOLD (US$/OZ)TVC

Description

A long opportunity to trade even if its the end of the week. the risk is low.
Comments
maniakhavan13
If its possible pls explain your idea
Cus in 1h time frame the shadow of last candle is high and like hanging man.if I'm wrong pls correct me
loumillioussama
@maniakhavan13, First rule always looks at different time frames before considering any decision, In 2h the price tested an old support that started since March, with an inverted hammer confirmed with a strong volume, and if you add RSI you can see another confirmation. However, I settled a TP at 2010, but I know there is a resistance at 2003.
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