For me trade is not active. I don't play this game with fake fall. I need 1237.4 minimum before I decide to sell.
Trade active
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Executed 50% of position. Will execute last 50% higher at 1237.xx or after break of 1230 for target 1220.
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TPP, when gold start to go up for your upper targets?
Million Dollar question, the fact that bulls are accumulating is sure and no need for words to explain it as you see it comming sooner or later.
The thing is that latelly on opening gold does the first move up. That sets the daily sentiment. You have seen me refering to it and we still cant get the first move down after opening.
Every day there are two pivotal sentiments. If gold reach lower one first then it sets daily bullish sentiment, and vice versa.
Ilustrated:
I am looking for 1220 now and once it is reached recalculation will show can we go long from there or no!
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2nd entry at 1229.00 was triggered.
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If you have two entries I suggest to book profit for one and leave the second open with BE. If u have one entry I suggest to book half of it and run the rest with BE. Here at 1226
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Gold is very slow today but I do hope it approach 1220 by the end of this trading session today. 1220 is for sure a place where I suggest to book full profit as this is an intraday call. Tomorow new opening move - sentiment and targets.
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Tomorrow updates now here.
This idea is done.
Either we get first move down from opening to this target, either we move up and then go lower than 1220.