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sabithpkcmnr
May 29, 2020 6:50 AM

Expecting a super cool BUY on GOLD. H&S seems visible in Flag Long

Gold/U.S. DollarFXCM

Description

GOLD struggle to reach demand zone and therefore expecting a breakout at the supply zone and if it happen there will be a huge boom for GOLD. Keep an eye and only BUY if a breakout is fully confirmed.
Manage risk and open trades at your own risk as I am not an expert in the prediction. Market are meant to be move on emotions!

Any thoughts are welcome :)

Trade active

Reached our TP1 position! It should make a retest now before it goes up.

Trade closed manually

Closed as the GOLD went crazy down, even though our TP1 is hit and we are in profit!
Comments
Cryptoforexmarket
looks like retest will happen
Cryptoforexmarket
can you see gold coming back to test broken trend ?
sabithpkcmnr
@xinvested, Probably it should make retest before it goes up high, we have to also consider its weekend too so anything could happen on Monday opening!
Cryptoforexmarket
I agree
sabithpkcmnr
@xinvested, whoo whoo let's see!
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