Hi everyone,
I see a possibility for buying gold, due to the proximity to the most recent support. A hammer candle is another of the signs that push for this trade. Regarding indicators, the RSI is oversold and the MACD is pointing a bullish cross, plus a first green tick appeared on its histogram.
Buy entry: 1271.817
TP: 1289.697
SL: 1263.917
*Not financial advise. Just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!
I see a possibility for buying gold, due to the proximity to the most recent support. A hammer candle is another of the signs that push for this trade. Regarding indicators, the RSI is oversold and the MACD is pointing a bullish cross, plus a first green tick appeared on its histogram.
Buy entry: 1271.817
TP: 1289.697
SL: 1263.917
*Not financial advise. Just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!
Trade active:
Buying now half position, just in case it doesn't trigger the full position at the buy entry price.
Comment:
Moved SL to breakeven
Comment:
Bull flag formation. Hopefully clear skies ahead.
Trade closed: target reached