capetinetrader

GOLD sell at supply / resistance. Intraday trade active! Part 2.

Short
capetinetrader Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yesterdays gold trade was superb! Although it did not hit target, we will try again on this trade.

Idea: QM was seen here on the M15 timeframe.

Validation: CT45LP at supply with rejection inside base.

PAL(profit and lock) area: SBR potential returning support area or EMA/BBMA extreme.
Trade closed: stop reached:
SL have been hit too near (illogical placement)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.