I was expecting gold to rise to 1400 after the outcome of US election results but Mrs market gave back all the gains it got from that event. I am waiting for the price to retest 129x area which has acted as good level for both up n down. The other possible entry will be below 1278 . Will watch the price weakness in this two areas.
Potential Short Entries :
a. 1295-1291 with stop loss around 1297(for 1291) and 1306(for 1295)
b. 1276 with stoploss 1281 ( which ever comes first)
Potential Directions are marked on Chart as arrows.
Clone levels :
Buy levels: 1305/1319/1334
Sell Levels: 1292/1278/1264
Note: please do your due diligence before placing the trade.
Potential Short Entries :
a. 1295-1291 with stop loss around 1297(for 1291) and 1306(for 1295)
b. 1276 with stoploss 1281 ( which ever comes first)
Potential Directions are marked on Chart as arrows.
Clone levels :
Buy levels: 1305/1319/1334
Sell Levels: 1292/1278/1264
Note: please do your due diligence before placing the trade.
Comment:
Renko :
Comment:
Trade1 : target 1 and target 2 for 1291 short hit.
Trade 2: target 1 for 1278 short hit
Closed 50% ,will let rest run
Trade 2: target 1 for 1278 short hit
Closed 50% ,will let rest run
Trade closed: target reached:
closed all trades , will wait for next opportunity
I am a Chart Slave.Thank you TradingView and @nmike.