Notes:
Inversely correlates with USD, Gold has broken a year long trendline.
On a shorter time frame, it also broke the support level around 1258.
This is a long term trade and we try to bargain for discount on entry because yesterday bear bar was really big.
Inversely correlates with USD, Gold has broken a year long trendline.
On a shorter time frame, it also broke the support level around 1258.
This is a long term trade and we try to bargain for discount on entry because yesterday bear bar was really big.
Trade closed manually:
Closed as price action reversed