Hello traders. I have marked my area of interest for both scalp buys and potential sells. I think we will push up a bit this week after so much downward movement. I also believe that with the Feds not lowering rates until May or later, we will see some more downside with gold. This is speculation and not based on price action. Let's see how tonight into tomorrow plays out, to get some direction. Big G gets all my thanks. This should be an amazing trading week 3 trades a day or less.
Comment:
I took an impulse buy at 2013.40. 45 pips in profit as of this writing. I am securing partial profit, moving ,y SL to my entry point and leaving a runner running. Nice, quick scalp. Very thankful. I will get up to check the London market later. Big G gets a shout out. I will post a lower time frame chart and update tomorrow. Be well and trade the trend.
Trade active:
Runner is still running. Very thankful.
Trade closed manually:
I just got up to check the market and closed out my trade and runner . I caught 74 pips all together. Let's see how the overnight finishes. Pre NY volume starts in 5 hours and 40 minutes. See u all then. Very thankful.
Comment:
2022.40 was the price when I closed out the trade. 2022.48 is the area to watch for rejection or a break and close above.
Trade active:
Hello traders. 30 min chart shows where I got in at 2017.42 As of this writing I am up 50 pips or so. Securing profit.. moving SL to my entry point, leaving a runner running.
Trade closed manually:
I just closed the trade out with around 60 pips in profit.at 2023.50. Ready to do it again when Pre NY volume stats in3 hours from now. Very thankful to Big G.
Pip Whisperer