I dont think Gold has bottomed. Gold loves FOMC.
Comment:
This movement is calculated on basis of that gold moves inverse to eur/usd. The inverse correlation is not always present, but given the whole structure and everything its a decent R/R setup
Comment:
I will wait till next day before evaluating a sell as price is abit eager
Trade active:
Entry price = 1327.
Comment:
35 % position as im 1 day early in entry.
Trade active:
Added at 1325; 25 %
Comment:
Added remainder at 1330. Bearish pinbar formed + 1 day after mean time pivot.
Comment:
Price made higher high, that changes everything. I will buy positions at 1281 area and close out my shorts there.