A correction appeared when GOLD touched the resistance of 3D chart around $1326, the highest prices for gold within 9 months.
So the red D1 candle may be definitely formed and it will result in taking profits from many traders.
I personally think the top of this swing has been set at $1326.
On the other hand, the small pin bar on H1 chart told that there is a support at $1317
For the short-term, I am waiting for the short entry and the target around $1309 and $1300
***NOTE: All of my plans, you have to patient to wait for the price come close to the EXPECTED ZONE. At that time, you should be at your desk to WAIT FOR REVERSAL CANDLES or PATTERNS on the low timeframe and then OPEN ORDERS.***Follow this idea to get fast updates about entry, stop, and exit prices. LIKEs and COMMENTs would be appreciated. Thanks all!
So the red D1 candle may be definitely formed and it will result in taking profits from many traders.
I personally think the top of this swing has been set at $1326.
On the other hand, the small pin bar on H1 chart told that there is a support at $1317
For the short-term, I am waiting for the short entry and the target around $1309 and $1300
***NOTE: All of my plans, you have to patient to wait for the price come close to the EXPECTED ZONE. At that time, you should be at your desk to WAIT FOR REVERSAL CANDLES or PATTERNS on the low timeframe and then OPEN ORDERS.***Follow this idea to get fast updates about entry, stop, and exit prices. LIKEs and COMMENTs would be appreciated. Thanks all!
Comment:
Comment:
Comment:
Congrats followers, the prices followed 100% same as my prediction. Now we can see that the low at $1317 would be broken.
Take partial profit, adjust the stop loss to breakeven and leave the remainder of the position to ride.
Take partial profit, adjust the stop loss to breakeven and leave the remainder of the position to ride.
Comment:
Gold update: first target almost reached. Take profit of 50% of position
Comment:
who did draw a perfect support line for GOLD:))
Comment:
About to hit TP2
Trade closed: target reached