Gold - Trading the Support and Resistance TL
Was initially long at the beginning of the month but closed off as it was going no where.
Re-established the long after seeing a bounce off the bottom of the channel support.
Looking at potential price targets
- Channel high
- Previous swing high
- $1350 completion of Bat pattern
Re-established the long after seeing a bounce off the bottom of the channel support.
Looking at potential price targets
- Channel high
- Previous swing high
- $1350 completion of Bat pattern
Trade closed manually:
Did not manage to close the trade at my TP1 marked out on the charts ($1290).
Resisted and reversed. Exit at break even.
Out of the trade
Resisted and reversed. Exit at break even.
Out of the trade
